Neighborhood Profile

Central Business District

Orlando, FL | Orange County
Scored premium profile
Best Neighborhoods USA Index
42.9
National rank: #10,088 of 14,967
Stability and Strength
51.5
Score
Value Opportunity
52.0
Score
Momentum
16.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOrlando, FL
CountyOrange County
National rank#10,088 of 14,967
State rank#638 of 1,145
City rank#50 of 111
County rank#50 of 111
National percentile32.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$461,252
Year-over-year home value change-5.4%
Month-over-month home value change-0.03%
Home value to income ratio5.67
Median household income$81,317
Bachelor's degree or higher64.1%
Civilian unemployment rate3.0%
Homeownership rate25.4%
Housing vacancy rate18.4%
Rent burden 30% or higher49.5%

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 Central Business District

What is the Best Neighborhoods USA ranking for Central Business District?

Central Business District is ranked #50 of 111 eligible neighborhoods in Orlando; #638 of 1,145 eligible neighborhoods in FL; and #10,088 of 14,967 eligible neighborhoods in the United States.

Is Central Business District one of the best neighborhoods in Orlando?

Central Business District has a Best Neighborhoods USA Index of 42.9 and a city ranking of #50 of 111 eligible neighborhoods in Orlando.

How much are homes worth in Central Business District?

The current Zillow Home Value Index for Central Business District is approximately $461,252.

Are home values rising or falling in Central Business District?

Zillow neighborhood values changed -5.4% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for Central Business District?

Central Business District has a Neighborhood Momentum Score of 16.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Central Business District?

The NDS-derived neighborhood median household income is approximately $81,317.

How affordable is Central Business District relative to household income?

The current Zillow home-value-to-household-income ratio is 5.67. Price-to-income affordability is a major Value Opportunity input.

Is Central Business District primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 25.4%.

What is the unemployment rate in Central Business District?

The NDS-derived civilian unemployment rate is approximately 3.0%.

How educated are residents of Central Business District?

Approximately 64.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Central Business District face high rent burden?

Approximately 49.5% 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 Central Business District?

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 applications153
Estimated originations72
Home-purchase applications98
Origination rate47.2%
Home-purchase share63.9%
Average application loan$805,017
Total application loan amount$123,310,423
National application rank#2,856 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.8% YoY; originations -18.1% 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.