What is the Best Neighborhoods USA ranking for Old Pasadena?
Old Pasadena is ranked #28 of 104 eligible neighborhoods in Saint Petersburg; #261 of 1,145 eligible neighborhoods in FL; and #5,282 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old Pasadena
Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
56.3
Stability and Strength
58.9
Value Opportunity
49.1
Momentum
62.2
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 | #5,282 of 14,967 |
| State rank | #261 of 1,145 |
| City rank | #28 of 104 |
| County rank | #42 of 144 |
| National percentile | 64.7 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $826,191 |
| Year-over-year home value change | 4.8% |
| Month-over-month home value change | -0.59% |
| Home value to income ratio | 6.91 |
| Median household income | $119,628 |
| Bachelor's degree or higher | 41.9% |
| Civilian unemployment rate | 2.4% |
| Homeownership rate | 80.1% |
| Housing vacancy rate | 21.2% |
| Rent burden 30% or higher | 87.2% |
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 Old Pasadena
Is Old Pasadena one of the best neighborhoods in Saint Petersburg?
Old Pasadena has a Best Neighborhoods USA Index of 56.3 and a city ranking of #28 of 104 eligible neighborhoods in Saint Petersburg.
How much are homes worth in Old Pasadena?
The current Zillow Home Value Index for Old Pasadena is approximately $826,191.
Are home values rising or falling in Old Pasadena?
Zillow neighborhood values changed 4.8% year over year and -0.59% month over month.
What is the Neighborhood Momentum Score for Old Pasadena?
Old Pasadena has a Neighborhood Momentum Score of 62.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old Pasadena?
The NDS-derived neighborhood median household income is approximately $119,628.
How affordable is Old Pasadena relative to household income?
The current Zillow home-value-to-household-income ratio is 6.91. Price-to-income affordability is a major Value Opportunity input.
Is Old Pasadena primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 80.1%.
What is the unemployment rate in Old Pasadena?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of Old Pasadena?
Approximately 41.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old Pasadena face high rent burden?
Approximately 87.2% 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 Old Pasadena?
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 applications22
Estimated originations10
Home-purchase applications8
Origination rate47.0%
Home-purchase share35.1%
Average application loan$458,827
Total application loan amount$10,056,851
National application rank#10,343 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.8% YoY; originations -14.7% 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.