Neighborhood Profile

Villages of Palm Beach Lakes

West Palm Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
40.9
National rank: #10,768 of 14,967
Stability and Strength
44.6
Score
Value Opportunity
48.4
Score
Momentum
24.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWest Palm Beach, FL
CountyPalm Beach County
National rank#10,768 of 14,967
State rank#707 of 1,145
City rank#24 of 39
County rank#67 of 109
National percentile28.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$394,179
Year-over-year home value change-2.9%
Month-over-month home value change-0.01%
Home value to income ratio5.04
Median household income$78,233
Bachelor's degree or higher42.7%
Civilian unemployment rate5.1%
Homeownership rate45.5%
Housing vacancy rate13.4%
Rent burden 30% or higher51.0%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Villages of Palm Beach Lakes

What is the Best Neighborhoods USA ranking for Villages of Palm Beach Lakes?

Villages of Palm Beach Lakes is ranked #24 of 39 eligible neighborhoods in West Palm Beach; #707 of 1,145 eligible neighborhoods in FL; and #10,768 of 14,967 eligible neighborhoods in the United States.

Is Villages of Palm Beach Lakes one of the best neighborhoods in West Palm Beach?

Villages of Palm Beach Lakes has a Best Neighborhoods USA Index of 40.9 and a city ranking of #24 of 39 eligible neighborhoods in West Palm Beach.

How much are homes worth in Villages of Palm Beach Lakes?

The current Zillow Home Value Index for Villages of Palm Beach Lakes is approximately $394,179.

Are home values rising or falling in Villages of Palm Beach Lakes?

Zillow neighborhood values changed -2.9% year over year and -0.01% month over month.

What is the Neighborhood Momentum Score for Villages of Palm Beach Lakes?

Villages of Palm Beach Lakes has a Neighborhood Momentum Score of 24.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Villages of Palm Beach Lakes?

The NDS-derived neighborhood median household income is approximately $78,233.

How affordable is Villages of Palm Beach Lakes relative to household income?

The current Zillow home-value-to-household-income ratio is 5.04. Price-to-income affordability is a major Value Opportunity input.

Is Villages of Palm Beach Lakes primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.5%.

What is the unemployment rate in Villages of Palm Beach Lakes?

The NDS-derived civilian unemployment rate is approximately 5.1%.

How educated are residents of Villages of Palm Beach Lakes?

Approximately 42.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Villages of Palm Beach Lakes face high rent burden?

Approximately 51.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Villages of Palm Beach Lakes?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications493
Estimated originations242
Home-purchase applications218
Origination rate49.1%
Home-purchase share44.3%
Average application loan$290,720
Total application loan amount$143,330,084
National application rank#565 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -0.5% YoY; originations -8.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.