Neighborhood Profile

Spring Lake

Kissimmee, FL | Osceola County
Scored premium profile
Best Neighborhoods USA Index
51.5
National rank: #7,089 of 14,967
Stability and Strength
56.2
Score
Value Opportunity
47.8
Score
Momentum
49.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationKissimmee, FL
CountyOsceola County
National rank#7,089 of 14,967
State rank#371 of 1,145
City rank#8 of 11
County rank#8 of 11
National percentile52.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$645,661
Year-over-year home value change1.4%
Month-over-month home value change-0.19%
Home value to income ratio7.43
Median household income$86,920
Bachelor's degree or higher57.2%
Civilian unemployment rate1.1%
Homeownership rate39.9%
Housing vacancy rate23.7%
Rent burden 30% or higher51.2%

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 Spring Lake

What is the Best Neighborhoods USA ranking for Spring Lake?

Spring Lake is ranked #8 of 11 eligible neighborhoods in Kissimmee; #371 of 1,145 eligible neighborhoods in FL; and #7,089 of 14,967 eligible neighborhoods in the United States.

Is Spring Lake one of the best neighborhoods in Kissimmee?

Spring Lake has a Best Neighborhoods USA Index of 51.5 and a city ranking of #8 of 11 eligible neighborhoods in Kissimmee.

How much are homes worth in Spring Lake?

The current Zillow Home Value Index for Spring Lake is approximately $645,661.

Are home values rising or falling in Spring Lake?

Zillow neighborhood values changed 1.4% year over year and -0.19% month over month.

What is the Neighborhood Momentum Score for Spring Lake?

Spring Lake has a Neighborhood Momentum Score of 49.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Spring Lake?

The NDS-derived neighborhood median household income is approximately $86,920.

How affordable is Spring Lake relative to household income?

The current Zillow home-value-to-household-income ratio is 7.43. Price-to-income affordability is a major Value Opportunity input.

Is Spring Lake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 39.9%.

What is the unemployment rate in Spring Lake?

The NDS-derived civilian unemployment rate is approximately 1.1%.

How educated are residents of Spring Lake?

Approximately 57.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 51.2% 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 Spring Lake?

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 applications5
Estimated originations3
Home-purchase applications3
Origination rate51.0%
Home-purchase share49.8%
Average application loan$1,046,883
Total application loan amount$5,286,721
National application rank#13,750 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.4% YoY; originations -3.2% 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.