What is the Best Neighborhoods USA ranking for Florida?
Florida is ranked #44 of 69 eligible neighborhoods in New Orleans; #97 of 147 eligible neighborhoods in LA; and #12,156 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Florida
New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
35.9
Stability and Strength
10.3
Value Opportunity
35.0
Momentum
78.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New Orleans, LA |
| County | Orleans Parish |
| National rank | #12,156 of 14,967 |
| State rank | #97 of 147 |
| City rank | #44 of 69 |
| County rank | #44 of 69 |
| National percentile | 18.8 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $129,559 |
| Year-over-year home value change | 2.7% |
| Month-over-month home value change | 1.03% |
| Home value to income ratio | 3.64 |
| Median household income | $35,640 |
| Bachelor's degree or higher | 10.7% |
| Civilian unemployment rate | 21.8% |
| Homeownership rate | 43.2% |
| Housing vacancy rate | 20.9% |
| Rent burden 30% or higher | 74.9% |
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 Florida
Is Florida one of the best neighborhoods in New Orleans?
Florida has a Best Neighborhoods USA Index of 35.9 and a city ranking of #44 of 69 eligible neighborhoods in New Orleans.
How much are homes worth in Florida?
The current Zillow Home Value Index for Florida is approximately $129,559.
Are home values rising or falling in Florida?
Zillow neighborhood values changed 2.7% year over year and 1.03% month over month.
What is the Neighborhood Momentum Score for Florida?
Florida has a Neighborhood Momentum Score of 78.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Florida?
The NDS-derived neighborhood median household income is approximately $35,640.
How affordable is Florida relative to household income?
The current Zillow home-value-to-household-income ratio is 3.64. Price-to-income affordability is a major Value Opportunity input.
Is Florida primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 43.2%.
What is the unemployment rate in Florida?
The NDS-derived civilian unemployment rate is approximately 21.8%.
How educated are residents of Florida?
Approximately 10.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Florida face high rent burden?
Approximately 74.9% 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 Florida?
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
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 applications30
Estimated originations14
Home-purchase applications16
Origination rate46.5%
Home-purchase share53.2%
Average application loan$182,761
Total application loan amount$5,542,247
National application rankNot rankable
Geometry coverage85.3%
Recent trend: Applications -34.2% YoY; originations -41.3% 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.