What is the Best Neighborhoods USA ranking for Plaza Terrace?
Plaza Terrace is ranked #67 of 73 eligible neighborhoods in Tampa; #1,039 of 1,145 eligible neighborhoods in FL; and #14,016 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Plaza Terrace
Tampa, FL | Hillsborough County
Scored premium profile
Best Neighborhoods USA Index
26.4
Stability and Strength
26.1
Value Opportunity
25.0
Momentum
29.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Tampa, FL |
| County | Hillsborough County |
| National rank | #14,016 of 14,967 |
| State rank | #1,039 of 1,145 |
| City rank | #67 of 73 |
| County rank | #67 of 73 |
| National percentile | 6.4 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $407,469 |
| Year-over-year home value change | -2.5% |
| Month-over-month home value change | 0.07% |
| Home value to income ratio | 9.63 |
| Median household income | $42,312 |
| Bachelor's degree or higher | 28.1% |
| Civilian unemployment rate | 5.2% |
| Homeownership rate | 32.9% |
| Housing vacancy rate | 10.3% |
| Rent burden 30% or higher | 73.0% |
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 Plaza Terrace
Is Plaza Terrace one of the best neighborhoods in Tampa?
Plaza Terrace has a Best Neighborhoods USA Index of 26.4 and a city ranking of #67 of 73 eligible neighborhoods in Tampa.
How much are homes worth in Plaza Terrace?
The current Zillow Home Value Index for Plaza Terrace is approximately $407,469.
Are home values rising or falling in Plaza Terrace?
Zillow neighborhood values changed -2.5% year over year and 0.07% month over month.
What is the Neighborhood Momentum Score for Plaza Terrace?
Plaza Terrace has a Neighborhood Momentum Score of 29.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Plaza Terrace?
The NDS-derived neighborhood median household income is approximately $42,312.
How affordable is Plaza Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 9.63. Price-to-income affordability is a major Value Opportunity input.
Is Plaza Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 32.9%.
What is the unemployment rate in Plaza Terrace?
The NDS-derived civilian unemployment rate is approximately 5.2%.
How educated are residents of Plaza Terrace?
Approximately 28.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Plaza Terrace face high rent burden?
Approximately 73.0% 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 Plaza 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
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 applications191
Estimated originations99
Home-purchase applications79
Origination rate52.1%
Home-purchase share41.4%
Average application loan$310,902
Total application loan amount$59,355,763
National application rank#2,197 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.3% YoY; originations 12.7% 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.