Neighborhood Profile

Lake Bonny

Lakeland, FL | Polk County
Scored premium profile
Best Neighborhoods USA Index
47.0
National rank: #8,683 of 14,967
Stability and Strength
46.3
Score
Value Opportunity
59.9
Score
Momentum
30.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLakeland, FL
CountyPolk County
National rank#8,683 of 14,967
State rank#496 of 1,145
City rank#11 of 40
County rank#11 of 40
National percentile42.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$244,946
Year-over-year home value change-2.0%
Month-over-month home value change0.01%
Home value to income ratio3.22
Median household income$76,185
Bachelor's degree or higher12.7%
Civilian unemployment rate1.8%
Homeownership rate43.3%
Housing vacancy rate11.8%
Rent burden 30% or higher25.4%

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 Lake Bonny

What is the Best Neighborhoods USA ranking for Lake Bonny?

Lake Bonny is ranked #11 of 40 eligible neighborhoods in Lakeland; #496 of 1,145 eligible neighborhoods in FL; and #8,683 of 14,967 eligible neighborhoods in the United States.

Is Lake Bonny one of the best neighborhoods in Lakeland?

Lake Bonny has a Best Neighborhoods USA Index of 47.0 and a city ranking of #11 of 40 eligible neighborhoods in Lakeland.

How much are homes worth in Lake Bonny?

The current Zillow Home Value Index for Lake Bonny is approximately $244,946.

Are home values rising or falling in Lake Bonny?

Zillow neighborhood values changed -2.0% year over year and 0.01% month over month.

What is the Neighborhood Momentum Score for Lake Bonny?

Lake Bonny has a Neighborhood Momentum Score of 30.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lake Bonny?

The NDS-derived neighborhood median household income is approximately $76,185.

How affordable is Lake Bonny relative to household income?

The current Zillow home-value-to-household-income ratio is 3.22. Price-to-income affordability is a major Value Opportunity input.

Is Lake Bonny primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 43.3%.

What is the unemployment rate in Lake Bonny?

The NDS-derived civilian unemployment rate is approximately 1.8%.

How educated are residents of Lake Bonny?

Approximately 12.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lake Bonny face high rent burden?

Approximately 25.4% 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 Lake Bonny?

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 applications42
Estimated originations21
Home-purchase applications25
Origination rate50.5%
Home-purchase share59.8%
Average application loan$306,467
Total application loan amount$12,912,892
National application rank#7,928 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.2% YoY; originations 13.4% 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.