Neighborhood Profile

North East Terraces

Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
40.4
National rank: #10,915 of 14,967
Stability and Strength
43.2
Score
Value Opportunity
51.0
Score
Momentum
20.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSaint Petersburg, FL
CountyPinellas County
National rank#10,915 of 14,967
State rank#729 of 1,145
City rank#78 of 104
County rank#109 of 144
National percentile27.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$336,147
Year-over-year home value change-3.7%
Month-over-month home value change-0.03%
Home value to income ratio3.94
Median household income$85,288
Bachelor's degree or higher51.1%
Civilian unemployment rate14.0%
Homeownership rate93.7%
Housing vacancy rate30.5%
Rent burden 30% or higher100.0%

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 North East Terraces

What is the Best Neighborhoods USA ranking for North East Terraces?

North East Terraces is ranked #78 of 104 eligible neighborhoods in Saint Petersburg; #729 of 1,145 eligible neighborhoods in FL; and #10,915 of 14,967 eligible neighborhoods in the United States.

Is North East Terraces one of the best neighborhoods in Saint Petersburg?

North East Terraces has a Best Neighborhoods USA Index of 40.4 and a city ranking of #78 of 104 eligible neighborhoods in Saint Petersburg.

How much are homes worth in North East Terraces?

The current Zillow Home Value Index for North East Terraces is approximately $336,147.

Are home values rising or falling in North East Terraces?

Zillow neighborhood values changed -3.7% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for North East Terraces?

North East Terraces has a Neighborhood Momentum Score of 20.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North East Terraces?

The NDS-derived neighborhood median household income is approximately $85,288.

How affordable is North East Terraces relative to household income?

The current Zillow home-value-to-household-income ratio is 3.94. Price-to-income affordability is a major Value Opportunity input.

Is North East Terraces primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.7%.

What is the unemployment rate in North East Terraces?

The NDS-derived civilian unemployment rate is approximately 14.0%.

How educated are residents of North East Terraces?

Approximately 51.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North East Terraces face high rent burden?

Approximately 100.0% 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 North East Terraces?

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 applications14
Estimated originations7
Home-purchase applications6
Origination rate50.0%
Home-purchase share43.8%
Average application loan$371,462
Total application loan amount$5,383,424
National application rank#11,585 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.1% YoY; originations -15.6% 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.