What is the Best Neighborhoods USA ranking for Spring Lake?
Spring Lake is ranked #36 of 111 eligible neighborhoods in Orlando; #389 of 1,145 eligible neighborhoods in FL; and #7,374 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Spring Lake
Orlando, FL | Orange County
Scored premium profile
Best Neighborhoods USA Index
50.7
Stability and Strength
57.2
Value Opportunity
27.8
Momentum
72.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Orlando, FL |
| County | Orange County |
| National rank | #7,374 of 14,967 |
| State rank | #389 of 1,145 |
| City rank | #36 of 111 |
| County rank | #36 of 111 |
| National percentile | 50.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $870,210 |
| Year-over-year home value change | 1.8% |
| Month-over-month home value change | 0.88% |
| Home value to income ratio | 3,103.67 |
| Median household income | $280 |
| Bachelor's degree or higher | 68.0% |
| Civilian unemployment rate | 4.1% |
| Homeownership rate | 92.4% |
| Housing vacancy rate | 4.9% |
| Rent burden 30% or higher | 30.9% |
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 Spring Lake
Is Spring Lake one of the best neighborhoods in Orlando?
Spring Lake has a Best Neighborhoods USA Index of 50.7 and a city ranking of #36 of 111 eligible neighborhoods in Orlando.
How much are homes worth in Spring Lake?
The current Zillow Home Value Index for Spring Lake is approximately $870,210.
Are home values rising or falling in Spring Lake?
Zillow neighborhood values changed 1.8% year over year and 0.88% month over month.
What is the Neighborhood Momentum Score for Spring Lake?
Spring Lake has a Neighborhood Momentum Score of 72.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Spring Lake?
The NDS-derived neighborhood median household income is approximately $280.
How affordable is Spring Lake relative to household income?
The current Zillow home-value-to-household-income ratio is 3,103.67. Price-to-income affordability is a major Value Opportunity input.
Is Spring Lake primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 92.4%.
What is the unemployment rate in Spring Lake?
The NDS-derived civilian unemployment rate is approximately 4.1%.
How educated are residents of Spring Lake?
Approximately 68.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Spring Lake face high rent burden?
Approximately 30.9% 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 Spring Lake?
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 applications36
Estimated originations20
Home-purchase applications24
Origination rate55.8%
Home-purchase share66.0%
Average application loan$350,865
Total application loan amount$12,760,069
National application rank#8,500 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 35.1% YoY; originations 39.4% 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.