Neighborhood Profile

Cypress Bend

Clearwater, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
31.2
National rank: #13,286 of 14,967
Stability and Strength
38.4
Score
Value Opportunity
23.3
Score
Momentum
30.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationClearwater, FL
CountyPinellas County
National rank#13,286 of 14,967
State rank#959 of 1,145
City rank#36 of 37
County rank#130 of 144
National percentile11.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$515,827
Year-over-year home value change-2.4%
Month-over-month home value change0.10%
Home value to income ratio178,320.90
Median household income$3
Bachelor's degree or higher49.2%
Civilian unemployment rate3.6%
Homeownership rate51.7%
Housing vacancy rate7.9%
Rent burden 30% or higher60.6%

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 Cypress Bend

What is the Best Neighborhoods USA ranking for Cypress Bend?

Cypress Bend is ranked #36 of 37 eligible neighborhoods in Clearwater; #959 of 1,145 eligible neighborhoods in FL; and #13,286 of 14,967 eligible neighborhoods in the United States.

Is Cypress Bend one of the best neighborhoods in Clearwater?

Cypress Bend has a Best Neighborhoods USA Index of 31.2 and a city ranking of #36 of 37 eligible neighborhoods in Clearwater.

How much are homes worth in Cypress Bend?

The current Zillow Home Value Index for Cypress Bend is approximately $515,827.

Are home values rising or falling in Cypress Bend?

Zillow neighborhood values changed -2.4% year over year and 0.10% month over month.

What is the Neighborhood Momentum Score for Cypress Bend?

Cypress Bend has a Neighborhood Momentum Score of 30.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cypress Bend?

The NDS-derived neighborhood median household income is approximately $3.

How affordable is Cypress Bend relative to household income?

The current Zillow home-value-to-household-income ratio is 178,320.90. Price-to-income affordability is a major Value Opportunity input.

Is Cypress Bend primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.7%.

What is the unemployment rate in Cypress Bend?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Cypress Bend?

Approximately 49.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cypress Bend face high rent burden?

Approximately 60.6% 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 Cypress Bend?

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 applications14
Estimated originations8
Home-purchase applications7
Origination rate53.7%
Home-purchase share52.5%
Average application loan$388,333
Total application loan amount$5,472,892
National application rank#11,664 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.9% YoY; originations 0.0% 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.