Neighborhood Profile

Riviera Bay Subdivision

Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
86.7
National rank: #34 of 14,967
Stability and Strength
88.7
Score
Value Opportunity
77.9
Score
Momentum
95.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSaint Petersburg, FL
CountyPinellas County
National rank#34 of 14,967
State rank#1 of 1,145
City rank#1 of 104
County rank#1 of 144
National percentile99.8
National bandTOP_1_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$707,070
Year-over-year home value change7.6%
Month-over-month home value change1.52%
Home value to income ratio4.28
Median household income$165,272
Bachelor's degree or higher75.0%
Civilian unemployment rate3.1%
Homeownership rate96.5%
Housing vacancy rate0.1%
Rent burden 30% or higher2.6%

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 Riviera Bay Subdivision

What is the Best Neighborhoods USA ranking for Riviera Bay Subdivision?

Riviera Bay Subdivision is ranked #1 of 104 eligible neighborhoods in Saint Petersburg; #1 of 1,145 eligible neighborhoods in FL; and #34 of 14,967 eligible neighborhoods in the United States.

Is Riviera Bay Subdivision one of the best neighborhoods in Saint Petersburg?

Riviera Bay Subdivision has a Best Neighborhoods USA Index of 86.7 and a city ranking of #1 of 104 eligible neighborhoods in Saint Petersburg.

How much are homes worth in Riviera Bay Subdivision?

The current Zillow Home Value Index for Riviera Bay Subdivision is approximately $707,070.

Are home values rising or falling in Riviera Bay Subdivision?

Zillow neighborhood values changed 7.6% year over year and 1.52% month over month.

What is the Neighborhood Momentum Score for Riviera Bay Subdivision?

Riviera Bay Subdivision has a Neighborhood Momentum Score of 95.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Riviera Bay Subdivision?

The NDS-derived neighborhood median household income is approximately $165,272.

How affordable is Riviera Bay Subdivision relative to household income?

The current Zillow home-value-to-household-income ratio is 4.28. Price-to-income affordability is a major Value Opportunity input.

Is Riviera Bay Subdivision primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 96.5%.

What is the unemployment rate in Riviera Bay Subdivision?

The NDS-derived civilian unemployment rate is approximately 3.1%.

How educated are residents of Riviera Bay Subdivision?

Approximately 75.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Riviera Bay Subdivision face high rent burden?

Approximately 2.6% 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 Riviera Bay Subdivision?

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

#1 Neighborhood in Florida

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 applications2
Estimated originations1
Home-purchase applications1
Origination rate50.6%
Home-purchase share50.6%
Average application loan$365,082
Total application loan amount$671,736
National application rank#14,612 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 38.4% YoY; originations 33.3% 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.