What is the Best Neighborhoods USA ranking for Redevelopment Area?
Redevelopment Area is ranked #15 of 15 eligible neighborhoods in Naples; #946 of 1,145 eligible neighborhoods in FL; and #13,194 of 14,967 eligible neighborhoods in the United States.
Is Redevelopment Area one of the best neighborhoods in Naples?
Redevelopment Area has a Best Neighborhoods USA Index of 31.6 and a city ranking of #15 of 15 eligible neighborhoods in Naples.
How much are homes worth in Redevelopment Area?
The current Zillow Home Value Index for Redevelopment Area is approximately $1,832,204.
Are home values rising or falling in Redevelopment Area?
Zillow neighborhood values changed -5.5% year over year and 0.18% month over month.
What is the Neighborhood Momentum Score for Redevelopment Area?
Redevelopment Area has a Neighborhood Momentum Score of 22.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Redevelopment Area?
The NDS-derived neighborhood median household income is approximately $68,745.
How affordable is Redevelopment Area relative to household income?
The current Zillow home-value-to-household-income ratio is 26.65. Price-to-income affordability is a major Value Opportunity input.
Is Redevelopment Area primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 54.6%.
What is the unemployment rate in Redevelopment Area?
The NDS-derived civilian unemployment rate is approximately 4.3%.
How educated are residents of Redevelopment Area?
Approximately 43.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Redevelopment Area face high rent burden?
Approximately 58.8% 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 Redevelopment Area?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.