What is the Best Neighborhoods USA ranking for Riviera Bay?
Riviera Bay is ranked #8 of 104 eligible neighborhoods in Saint Petersburg; #119 of 1,145 eligible neighborhoods in FL; and #3,167 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Riviera Bay
Saint Petersburg, FL | Pinellas County
Scored premium profile
Best Neighborhoods USA Index
62.7
Stability and Strength
65.5
Value Opportunity
71.3
Momentum
46.2
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 | #3,167 of 14,967 |
| State rank | #119 of 1,145 |
| City rank | #8 of 104 |
| County rank | #14 of 144 |
| National percentile | 78.9 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $449,628 |
| Year-over-year home value change | -1.9% |
| Month-over-month home value change | 1.33% |
| Home value to income ratio | 3.64 |
| Median household income | $123,445 |
| Bachelor's degree or higher | 50.7% |
| Civilian unemployment rate | 2.9% |
| Homeownership rate | 87.2% |
| Housing vacancy rate | 9.0% |
| Rent burden 30% or higher | 73.1% |
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
Is Riviera Bay one of the best neighborhoods in Saint Petersburg?
Riviera Bay has a Best Neighborhoods USA Index of 62.7 and a city ranking of #8 of 104 eligible neighborhoods in Saint Petersburg.
How much are homes worth in Riviera Bay?
The current Zillow Home Value Index for Riviera Bay is approximately $449,628.
Are home values rising or falling in Riviera Bay?
Zillow neighborhood values changed -1.9% year over year and 1.33% month over month.
What is the Neighborhood Momentum Score for Riviera Bay?
Riviera Bay has a Neighborhood Momentum Score of 46.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Riviera Bay?
The NDS-derived neighborhood median household income is approximately $123,445.
How affordable is Riviera Bay relative to household income?
The current Zillow home-value-to-household-income ratio is 3.64. Price-to-income affordability is a major Value Opportunity input.
Is Riviera Bay primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.2%.
What is the unemployment rate in Riviera Bay?
The NDS-derived civilian unemployment rate is approximately 2.9%.
How educated are residents of Riviera Bay?
Approximately 50.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Riviera Bay face high rent burden?
Approximately 73.1% 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?
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 applications17
Estimated originations8
Home-purchase applications8
Origination rate50.3%
Home-purchase share49.7%
Average application loan$355,021
Total application loan amount$5,941,324
National application rank#11,163 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.9% YoY; originations 25.0% 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.