Neighborhood Profile

Lofts of Palm Aire Village

Fort Lauderdale, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
55.4
National rank: #5,611 of 14,967
Stability and Strength
59.2
Score
Value Opportunity
69.9
Score
Momentum
28.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Lauderdale, FL
CountyBroward County
National rank#5,611 of 14,967
State rank#278 of 1,145
City rank#29 of 79
County rank#35 of 160
National percentile62.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$393,474
Year-over-year home value change-1.4%
Month-over-month home value change-0.17%
Home value to income ratio3.48
Median household income$113,102
Bachelor's degree or higher44.3%
Civilian unemployment rate3.8%
Homeownership rate73.6%
Housing vacancy rate6.9%
Rent burden 30% or higher72.7%

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 Lofts of Palm Aire Village

What is the Best Neighborhoods USA ranking for Lofts of Palm Aire Village?

Lofts of Palm Aire Village is ranked #29 of 79 eligible neighborhoods in Fort Lauderdale; #278 of 1,145 eligible neighborhoods in FL; and #5,611 of 14,967 eligible neighborhoods in the United States.

Is Lofts of Palm Aire Village one of the best neighborhoods in Fort Lauderdale?

Lofts of Palm Aire Village has a Best Neighborhoods USA Index of 55.4 and a city ranking of #29 of 79 eligible neighborhoods in Fort Lauderdale.

How much are homes worth in Lofts of Palm Aire Village?

The current Zillow Home Value Index for Lofts of Palm Aire Village is approximately $393,474.

Are home values rising or falling in Lofts of Palm Aire Village?

Zillow neighborhood values changed -1.4% year over year and -0.17% month over month.

What is the Neighborhood Momentum Score for Lofts of Palm Aire Village?

Lofts of Palm Aire Village has a Neighborhood Momentum Score of 28.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lofts of Palm Aire Village?

The NDS-derived neighborhood median household income is approximately $113,102.

How affordable is Lofts of Palm Aire Village relative to household income?

The current Zillow home-value-to-household-income ratio is 3.48. Price-to-income affordability is a major Value Opportunity input.

Is Lofts of Palm Aire Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 73.6%.

What is the unemployment rate in Lofts of Palm Aire Village?

The NDS-derived civilian unemployment rate is approximately 3.8%.

How educated are residents of Lofts of Palm Aire Village?

Approximately 44.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lofts of Palm Aire Village face high rent burden?

Approximately 72.7% 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 Lofts of Palm Aire Village?

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 originations2
Home-purchase applications2
Origination rate44.0%
Home-purchase share44.4%
Average application loan$254,211
Total application loan amount$1,192,608
National application rank#13,836 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 35.7% YoY; originations 18.2% 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.