Neighborhood Profile

Jacksonville Farms-Terrace

Jacksonville, FL | Duval County
Scored premium profile
Best Neighborhoods USA Index
46.6
National rank: #8,847 of 14,967
Stability and Strength
49.3
Score
Value Opportunity
57.7
Score
Momentum
26.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJacksonville, FL
CountyDuval County
National rank#8,847 of 14,967
State rank#511 of 1,145
City rank#89 of 188
County rank#89 of 188
National percentile40.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$333,065
Year-over-year home value change-2.5%
Month-over-month home value change-0.01%
Home value to income ratio3.58
Median household income$93,027
Bachelor's degree or higher22.5%
Civilian unemployment rate7.6%
Homeownership rate86.0%
Housing vacancy rate5.4%
Rent burden 30% or higher54.9%

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 Jacksonville Farms-Terrace

What is the Best Neighborhoods USA ranking for Jacksonville Farms-Terrace?

Jacksonville Farms-Terrace is ranked #89 of 188 eligible neighborhoods in Jacksonville; #511 of 1,145 eligible neighborhoods in FL; and #8,847 of 14,967 eligible neighborhoods in the United States.

Is Jacksonville Farms-Terrace one of the best neighborhoods in Jacksonville?

Jacksonville Farms-Terrace has a Best Neighborhoods USA Index of 46.6 and a city ranking of #89 of 188 eligible neighborhoods in Jacksonville.

How much are homes worth in Jacksonville Farms-Terrace?

The current Zillow Home Value Index for Jacksonville Farms-Terrace is approximately $333,065.

Are home values rising or falling in Jacksonville Farms-Terrace?

Zillow neighborhood values changed -2.5% year over year and -0.01% month over month.

What is the Neighborhood Momentum Score for Jacksonville Farms-Terrace?

Jacksonville Farms-Terrace has a Neighborhood Momentum Score of 26.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Jacksonville Farms-Terrace?

The NDS-derived neighborhood median household income is approximately $93,027.

How affordable is Jacksonville Farms-Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 3.58. Price-to-income affordability is a major Value Opportunity input.

Is Jacksonville Farms-Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 86.0%.

What is the unemployment rate in Jacksonville Farms-Terrace?

The NDS-derived civilian unemployment rate is approximately 7.6%.

How educated are residents of Jacksonville Farms-Terrace?

Approximately 22.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Jacksonville Farms-Terrace face high rent burden?

Approximately 54.9% 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 Jacksonville Farms-Terrace?

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 applications602
Estimated originations321
Home-purchase applications344
Origination rate53.3%
Home-purchase share57.1%
Average application loan$232,710
Total application loan amount$140,164,381
National application rank#408 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.2% YoY; originations -2.0% 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.