What is the Best Neighborhoods USA ranking for Beacon Hill?
Beacon Hill is ranked #4 of 40 eligible neighborhoods in Lakeland; #211 of 1,145 eligible neighborhoods in FL; and #4,553 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Beacon Hill
Lakeland, FL | Polk County
Scored premium profile
Best Neighborhoods USA Index
58.4
Stability and Strength
76.9
Value Opportunity
71.7
Momentum
10.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Lakeland, FL |
| County | Polk County |
| National rank | #4,553 of 14,967 |
| State rank | #211 of 1,145 |
| City rank | #4 of 40 |
| County rank | #4 of 40 |
| National percentile | 69.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $464,000 |
| Year-over-year home value change | -3.7% |
| Month-over-month home value change | -0.63% |
| Home value to income ratio | 4.22 |
| Median household income | $109,935 |
| Bachelor's degree or higher | 38.9% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 76.5% |
| Housing vacancy rate | 2.0% |
| Rent burden 30% or higher | 12.8% |
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 Beacon Hill
Is Beacon Hill one of the best neighborhoods in Lakeland?
Beacon Hill has a Best Neighborhoods USA Index of 58.4 and a city ranking of #4 of 40 eligible neighborhoods in Lakeland.
How much are homes worth in Beacon Hill?
The current Zillow Home Value Index for Beacon Hill is approximately $464,000.
Are home values rising or falling in Beacon Hill?
Zillow neighborhood values changed -3.7% year over year and -0.63% month over month.
What is the Neighborhood Momentum Score for Beacon Hill?
Beacon Hill has a Neighborhood Momentum Score of 10.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Beacon Hill?
The NDS-derived neighborhood median household income is approximately $109,935.
How affordable is Beacon Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 4.22. Price-to-income affordability is a major Value Opportunity input.
Is Beacon Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 76.5%.
What is the unemployment rate in Beacon Hill?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Beacon Hill?
Approximately 38.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Beacon Hill face high rent burden?
Approximately 12.8% 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 Beacon Hill?
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 applications13
Estimated originations7
Home-purchase applications7
Origination rate54.3%
Home-purchase share53.6%
Average application loan$264,710
Total application loan amount$3,420,130
National application rank#11,886 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.5% YoY; originations 23.0% 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.