What is the Best Neighborhoods USA ranking for Galt Mile?
Galt Mile is ranked #48 of 79 eligible neighborhoods in Fort Lauderdale; #555 of 1,145 eligible neighborhoods in FL; and #9,314 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Galt Mile
Fort Lauderdale, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
45.2
Stability and Strength
49.2
Value Opportunity
36.7
Momentum
50.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fort Lauderdale, FL |
| County | Broward County |
| National rank | #9,314 of 14,967 |
| State rank | #555 of 1,145 |
| City rank | #48 of 79 |
| County rank | #67 of 160 |
| National percentile | 37.8 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $656,223 |
| Year-over-year home value change | -0.5% |
| Month-over-month home value change | 0.39% |
| Home value to income ratio | 8.54 |
| Median household income | $76,813 |
| Bachelor's degree or higher | 53.9% |
| Civilian unemployment rate | 4.6% |
| Homeownership rate | 82.7% |
| Housing vacancy rate | 54.2% |
| Rent burden 30% or higher | 81.1% |
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 Galt Mile
Is Galt Mile one of the best neighborhoods in Fort Lauderdale?
Galt Mile has a Best Neighborhoods USA Index of 45.2 and a city ranking of #48 of 79 eligible neighborhoods in Fort Lauderdale.
How much are homes worth in Galt Mile?
The current Zillow Home Value Index for Galt Mile is approximately $656,223.
Are home values rising or falling in Galt Mile?
Zillow neighborhood values changed -0.5% year over year and 0.39% month over month.
What is the Neighborhood Momentum Score for Galt Mile?
Galt Mile has a Neighborhood Momentum Score of 50.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Galt Mile?
The NDS-derived neighborhood median household income is approximately $76,813.
How affordable is Galt Mile relative to household income?
The current Zillow home-value-to-household-income ratio is 8.54. Price-to-income affordability is a major Value Opportunity input.
Is Galt Mile primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 82.7%.
What is the unemployment rate in Galt Mile?
The NDS-derived civilian unemployment rate is approximately 4.6%.
How educated are residents of Galt Mile?
Approximately 53.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Galt Mile face high rent burden?
Approximately 81.1% 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 Galt Mile?
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 applications100
Estimated originations42
Home-purchase applications45
Origination rate41.7%
Home-purchase share44.5%
Average application loan$458,484
Total application loan amount$45,959,747
National application rank#4,343 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.3% YoY; originations -9.4% 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.