What is the Best Neighborhoods USA ranking for Lakewood?
Lakewood is ranked #12 of 104 eligible neighborhoods in Saint Petersburg; #161 of 1,145 eligible neighborhoods in FL; and #3,903 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lakewood
Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
60.4
Stability and Strength
54.7
Value Opportunity
54.8
Momentum
77.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Saint Petersburg, FL |
| County | Pinellas County |
| National rank | #3,903 of 14,967 |
| State rank | #161 of 1,145 |
| City rank | #12 of 104 |
| County rank | #20 of 144 |
| National percentile | 73.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $472,043 |
| Year-over-year home value change | 2.6% |
| Month-over-month home value change | 0.96% |
| Home value to income ratio | 5.05 |
| Median household income | $93,449 |
| Bachelor's degree or higher | 34.2% |
| Civilian unemployment rate | 2.1% |
| Homeownership rate | 77.3% |
| Housing vacancy rate | 11.7% |
| Rent burden 30% or higher | 84.4% |
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 Lakewood
Is Lakewood one of the best neighborhoods in Saint Petersburg?
Lakewood has a Best Neighborhoods USA Index of 60.4 and a city ranking of #12 of 104 eligible neighborhoods in Saint Petersburg.
How much are homes worth in Lakewood?
The current Zillow Home Value Index for Lakewood is approximately $472,043.
Are home values rising or falling in Lakewood?
Zillow neighborhood values changed 2.6% year over year and 0.96% month over month.
What is the Neighborhood Momentum Score for Lakewood?
Lakewood has a Neighborhood Momentum Score of 77.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lakewood?
The NDS-derived neighborhood median household income is approximately $93,449.
How affordable is Lakewood relative to household income?
The current Zillow home-value-to-household-income ratio is 5.05. Price-to-income affordability is a major Value Opportunity input.
Is Lakewood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 77.3%.
What is the unemployment rate in Lakewood?
The NDS-derived civilian unemployment rate is approximately 2.1%.
How educated are residents of Lakewood?
Approximately 34.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lakewood face high rent burden?
Approximately 84.4% 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 Lakewood?
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 applications113
Estimated originations51
Home-purchase applications36
Origination rate45.5%
Home-purchase share32.3%
Average application loan$295,370
Total application loan amount$33,250,362
National application rank#3,898 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.6% YoY; originations -6.4% 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.