Neighborhood Profile

Magnolia Heights

Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
39.1
National rank: #11,281 of 14,967
Stability and Strength
37.6
Score
Value Opportunity
40.3
Score
Momentum
39.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSaint Petersburg, FL
CountyPinellas County
National rank#11,281 of 14,967
State rank#758 of 1,145
City rank#80 of 104
County rank#112 of 144
National percentile24.6
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$421,471
Year-over-year home value change-1.4%
Month-over-month home value change0.20%
Home value to income ratio5.69
Median household income$74,098
Bachelor's degree or higher43.2%
Civilian unemployment rate11.0%
Homeownership rate62.2%
Housing vacancy rate9.7%
Rent burden 30% or higher72.6%

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 Magnolia Heights

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.

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 applications75
Estimated originations37
Home-purchase applications36
Origination rate49.7%
Home-purchase share47.3%
Average application loan$371,226
Total application loan amount$27,869,588
National application rank#5,502 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.0% YoY; originations -24.5% 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.