Neighborhood Profile

Original Gillespie Park

Sarasota, FL | Sarasota County
Scored premium profile
Best Neighborhoods USA Index
41.7
National rank: #10,484 of 14,967
Stability and Strength
44.2
Score
Value Opportunity
40.9
Score
Momentum
38.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSarasota, FL
CountySarasota County
National rank#10,484 of 14,967
State rank#670 of 1,145
City rank#41 of 57
County rank#43 of 61
National percentile30.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$575,180
Year-over-year home value change-0.1%
Month-over-month home value change-0.16%
Home value to income ratio7.14
Median household income$80,513
Bachelor's degree or higher43.4%
Civilian unemployment rate3.6%
Homeownership rate34.4%
Housing vacancy rate22.6%
Rent burden 30% or higher54.6%

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 Original Gillespie Park

What is the Best Neighborhoods USA ranking for Original Gillespie Park?

Original Gillespie Park is ranked #41 of 57 eligible neighborhoods in Sarasota; #670 of 1,145 eligible neighborhoods in FL; and #10,484 of 14,967 eligible neighborhoods in the United States.

Is Original Gillespie Park one of the best neighborhoods in Sarasota?

Original Gillespie Park has a Best Neighborhoods USA Index of 41.7 and a city ranking of #41 of 57 eligible neighborhoods in Sarasota.

How much are homes worth in Original Gillespie Park?

The current Zillow Home Value Index for Original Gillespie Park is approximately $575,180.

Are home values rising or falling in Original Gillespie Park?

Zillow neighborhood values changed -0.1% year over year and -0.16% month over month.

What is the Neighborhood Momentum Score for Original Gillespie Park?

Original Gillespie Park has a Neighborhood Momentum Score of 38.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Original Gillespie Park?

The NDS-derived neighborhood median household income is approximately $80,513.

How affordable is Original Gillespie Park relative to household income?

The current Zillow home-value-to-household-income ratio is 7.14. Price-to-income affordability is a major Value Opportunity input.

Is Original Gillespie Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 34.4%.

What is the unemployment rate in Original Gillespie Park?

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

How educated are residents of Original Gillespie Park?

Approximately 43.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Original Gillespie Park face high rent burden?

Approximately 54.6% 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 Original Gillespie Park?

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 applications23
Estimated originations10
Home-purchase applications11
Origination rate42.8%
Home-purchase share49.7%
Average application loan$445,257
Total application loan amount$10,085,321
National application rank#10,238 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -18.0% YoY; originations -39.1% 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.