Neighborhood Profile

Northlake Park at Lake Nona

Orlando, FL | Orange County
Scored premium profile
Best Neighborhoods USA Index
43.0
National rank: #10,039 of 14,967
Stability and Strength
42.0
Score
Value Opportunity
41.4
Score
Momentum
47.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOrlando, FL
CountyOrange County
National rank#10,039 of 14,967
State rank#630 of 1,145
City rank#49 of 111
County rank#49 of 111
National percentile32.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$537,293
Year-over-year home value change-0.5%
Month-over-month home value change0.25%
Home value to income ratio6.69
Median household income$80,261
Bachelor's degree or higher43.5%
Civilian unemployment rate12.7%
Homeownership rate57.4%
Housing vacancy rate2.8%
Rent burden 30% or higher71.5%

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 Northlake Park at Lake Nona

What is the Best Neighborhoods USA ranking for Northlake Park at Lake Nona?

Northlake Park at Lake Nona is ranked #49 of 111 eligible neighborhoods in Orlando; #630 of 1,145 eligible neighborhoods in FL; and #10,039 of 14,967 eligible neighborhoods in the United States.

Is Northlake Park at Lake Nona one of the best neighborhoods in Orlando?

Northlake Park at Lake Nona has a Best Neighborhoods USA Index of 43.0 and a city ranking of #49 of 111 eligible neighborhoods in Orlando.

How much are homes worth in Northlake Park at Lake Nona?

The current Zillow Home Value Index for Northlake Park at Lake Nona is approximately $537,293.

Are home values rising or falling in Northlake Park at Lake Nona?

Zillow neighborhood values changed -0.5% year over year and 0.25% month over month.

What is the Neighborhood Momentum Score for Northlake Park at Lake Nona?

Northlake Park at Lake Nona has a Neighborhood Momentum Score of 47.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northlake Park at Lake Nona?

The NDS-derived neighborhood median household income is approximately $80,261.

How affordable is Northlake Park at Lake Nona relative to household income?

The current Zillow home-value-to-household-income ratio is 6.69. Price-to-income affordability is a major Value Opportunity input.

Is Northlake Park at Lake Nona primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 57.4%.

What is the unemployment rate in Northlake Park at Lake Nona?

The NDS-derived civilian unemployment rate is approximately 12.7%.

How educated are residents of Northlake Park at Lake Nona?

Approximately 43.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northlake Park at Lake Nona face high rent burden?

Approximately 71.5% 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 Northlake Park at Lake Nona?

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 applications31
Estimated originations16
Home-purchase applications19
Origination rate49.8%
Home-purchase share60.6%
Average application loan$554,890
Total application loan amount$17,304,365
National application rank#9,087 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -3.8% 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.