Neighborhood Profile

Lake Nona South

Orlando, FL | Orange County
Scored premium profile
Best Neighborhoods USA Index
60.5
National rank: #3,840 of 14,967
Stability and Strength
72.1
Score
Value Opportunity
62.5
Score
Momentum
39.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOrlando, FL
CountyOrange County
National rank#3,840 of 14,967
State rank#154 of 1,145
City rank#16 of 111
County rank#16 of 111
National percentile74.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$784,288
Year-over-year home value change-0.3%
Month-over-month home value change-0.10%
Home value to income ratio5.47
Median household income$143,477
Bachelor's degree or higher64.2%
Civilian unemployment rate2.2%
Homeownership rate65.8%
Housing vacancy rate13.3%
Rent burden 30% or higher43.2%

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 Lake Nona South

What is the Best Neighborhoods USA ranking for Lake Nona South?

Lake Nona South is ranked #16 of 111 eligible neighborhoods in Orlando; #154 of 1,145 eligible neighborhoods in FL; and #3,840 of 14,967 eligible neighborhoods in the United States.

Is Lake Nona South one of the best neighborhoods in Orlando?

Lake Nona South has a Best Neighborhoods USA Index of 60.5 and a city ranking of #16 of 111 eligible neighborhoods in Orlando.

How much are homes worth in Lake Nona South?

The current Zillow Home Value Index for Lake Nona South is approximately $784,288.

Are home values rising or falling in Lake Nona South?

Zillow neighborhood values changed -0.3% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Lake Nona South?

Lake Nona South has a Neighborhood Momentum Score of 39.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lake Nona South?

The NDS-derived neighborhood median household income is approximately $143,477.

How affordable is Lake Nona South relative to household income?

The current Zillow home-value-to-household-income ratio is 5.47. Price-to-income affordability is a major Value Opportunity input.

Is Lake Nona South primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.8%.

What is the unemployment rate in Lake Nona South?

The NDS-derived civilian unemployment rate is approximately 2.2%.

How educated are residents of Lake Nona South?

Approximately 64.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lake Nona South face high rent burden?

Approximately 43.2% 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 Lake Nona South?

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 applications202
Estimated originations101
Home-purchase applications122
Origination rate49.8%
Home-purchase share60.5%
Average application loan$553,510
Total application loan amount$112,072,255
National application rank#2,021 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -3.9% YoY; originations -10.1% 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.