What is the Best Neighborhoods USA ranking for Shady Oak Farms?
Shady Oak Farms is ranked #13 of 37 eligible neighborhoods in Clearwater; #229 of 1,145 eligible neighborhoods in FL; and #4,840 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Shady Oak Farms
Clearwater, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
57.6
Stability and Strength
64.2
Value Opportunity
61.5
Momentum
41.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Clearwater, FL |
| County | Pinellas County |
| National rank | #4,840 of 14,967 |
| State rank | #229 of 1,145 |
| City rank | #13 of 37 |
| County rank | #34 of 144 |
| National percentile | 67.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $557,715 |
| Year-over-year home value change | -1.3% |
| Month-over-month home value change | 0.25% |
| Home value to income ratio | 4.91 |
| Median household income | $113,661 |
| Bachelor's degree or higher | 60.4% |
| Civilian unemployment rate | 6.0% |
| Homeownership rate | 90.7% |
| Housing vacancy rate | 3.9% |
| Rent burden 30% or higher | 70.6% |
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 Shady Oak Farms
Is Shady Oak Farms one of the best neighborhoods in Clearwater?
Shady Oak Farms has a Best Neighborhoods USA Index of 57.6 and a city ranking of #13 of 37 eligible neighborhoods in Clearwater.
How much are homes worth in Shady Oak Farms?
The current Zillow Home Value Index for Shady Oak Farms is approximately $557,715.
Are home values rising or falling in Shady Oak Farms?
Zillow neighborhood values changed -1.3% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Shady Oak Farms?
Shady Oak Farms has a Neighborhood Momentum Score of 41.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Shady Oak Farms?
The NDS-derived neighborhood median household income is approximately $113,661.
How affordable is Shady Oak Farms relative to household income?
The current Zillow home-value-to-household-income ratio is 4.91. Price-to-income affordability is a major Value Opportunity input.
Is Shady Oak Farms primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 90.7%.
What is the unemployment rate in Shady Oak Farms?
The NDS-derived civilian unemployment rate is approximately 6.0%.
How educated are residents of Shady Oak Farms?
Approximately 60.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Shady Oak Farms face high rent burden?
Approximately 70.6% 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 Shady Oak Farms?
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 applications3
Estimated originations1
Home-purchase applications1
Origination rate49.5%
Home-purchase share35.0%
Average application loan$1,149,272
Total application loan amount$3,413,245
National application rank#14,305 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.2% YoY; originations -8.9% 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.