What is the Best Neighborhoods USA ranking for Magnolia Heights?
Magnolia Heights is ranked #80 of 104 eligible neighborhoods in Saint Petersburg; #758 of 1,145 eligible neighborhoods in FL; and #11,281 of 14,967 eligible neighborhoods in the United States.
Is Magnolia Heights one of the best neighborhoods in Saint Petersburg?
Magnolia Heights has a Best Neighborhoods USA Index of 39.1 and a city ranking of #80 of 104 eligible neighborhoods in Saint Petersburg.
How much are homes worth in Magnolia Heights?
The current Zillow Home Value Index for Magnolia Heights is approximately $421,471.
Are home values rising or falling in Magnolia Heights?
Zillow neighborhood values changed -1.4% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Magnolia Heights?
Magnolia Heights has a Neighborhood Momentum Score of 39.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Magnolia Heights?
The NDS-derived neighborhood median household income is approximately $74,098.
How affordable is Magnolia Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 5.69. Price-to-income affordability is a major Value Opportunity input.
Is Magnolia Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 62.2%.
What is the unemployment rate in Magnolia Heights?
The NDS-derived civilian unemployment rate is approximately 11.0%.
How educated are residents of Magnolia Heights?
Approximately 43.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Magnolia Heights face high rent burden?
Approximately 72.6% 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 Magnolia Heights?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.