What is the Best Neighborhoods USA ranking for St. Armands?
St. Armands is ranked #55 of 57 eligible neighborhoods in Sarasota; #1,013 of 1,145 eligible neighborhoods in FL; and #13,748 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
St. Armands
Sarasota, FL | Sarasota County
Scored premium profile
Best Neighborhoods USA Index
28.3
Stability and Strength
41.2
Value Opportunity
26.5
Momentum
10.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Sarasota, FL |
| County | Sarasota County |
| National rank | #13,748 of 14,967 |
| State rank | #1,013 of 1,145 |
| City rank | #55 of 57 |
| County rank | #59 of 61 |
| National percentile | 8.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,682,555 |
| Year-over-year home value change | -8.2% |
| Month-over-month home value change | -0.17% |
| Home value to income ratio | 27.04 |
| Median household income | $99,212 |
| Bachelor's degree or higher | 56.6% |
| Civilian unemployment rate | 21.2% |
| Homeownership rate | 61.1% |
| Housing vacancy rate | 33.0% |
| Rent burden 30% or higher | 70.9% |
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 St. Armands
Is St. Armands one of the best neighborhoods in Sarasota?
St. Armands has a Best Neighborhoods USA Index of 28.3 and a city ranking of #55 of 57 eligible neighborhoods in Sarasota.
How much are homes worth in St. Armands?
The current Zillow Home Value Index for St. Armands is approximately $2,682,555.
Are home values rising or falling in St. Armands?
Zillow neighborhood values changed -8.2% year over year and -0.17% month over month.
What is the Neighborhood Momentum Score for St. Armands?
St. Armands has a Neighborhood Momentum Score of 10.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in St. Armands?
The NDS-derived neighborhood median household income is approximately $99,212.
How affordable is St. Armands relative to household income?
The current Zillow home-value-to-household-income ratio is 27.04. Price-to-income affordability is a major Value Opportunity input.
Is St. Armands primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 61.1%.
What is the unemployment rate in St. Armands?
The NDS-derived civilian unemployment rate is approximately 21.2%.
How educated are residents of St. Armands?
Approximately 56.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in St. Armands face high rent burden?
Approximately 70.9% 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 St. Armands?
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 applications5
Estimated originations2
Home-purchase applications2
Origination rate45.9%
Home-purchase share32.1%
Average application loan$971,239
Total application loan amount$5,168,433
National application rank#13,673 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -12.1% YoY; originations -24.2% 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.