What is the Best Neighborhoods USA ranking for Rivo Alto Island?
Rivo Alto Island is ranked #5 of 15 eligible neighborhoods in Miami Beach; #116 of 1,145 eligible neighborhoods in FL; and #3,137 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Rivo Alto Island
Miami Beach, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
62.8
Stability and Strength
65.0
Value Opportunity
37.9
Momentum
94.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Miami Beach, FL |
| County | Miami-Dade County |
| National rank | #3,137 of 14,967 |
| State rank | #116 of 1,145 |
| City rank | #5 of 15 |
| County rank | #6 of 81 |
| National percentile | 79.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $10,072,173 |
| Year-over-year home value change | 6.5% |
| Month-over-month home value change | 1.48% |
| Home value to income ratio | 152.52 |
| Median household income | $66,040 |
| Bachelor's degree or higher | 83.5% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 93.4% |
| Housing vacancy rate | 42.8% |
| Rent burden 30% or higher | 67.9% |
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 Rivo Alto Island
Is Rivo Alto Island one of the best neighborhoods in Miami Beach?
Rivo Alto Island has a Best Neighborhoods USA Index of 62.8 and a city ranking of #5 of 15 eligible neighborhoods in Miami Beach.
How much are homes worth in Rivo Alto Island?
The current Zillow Home Value Index for Rivo Alto Island is approximately $10,072,173.
Are home values rising or falling in Rivo Alto Island?
Zillow neighborhood values changed 6.5% year over year and 1.48% month over month.
What is the Neighborhood Momentum Score for Rivo Alto Island?
Rivo Alto Island has a Neighborhood Momentum Score of 94.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Rivo Alto Island?
The NDS-derived neighborhood median household income is approximately $66,040.
How affordable is Rivo Alto Island relative to household income?
The current Zillow home-value-to-household-income ratio is 152.52. Price-to-income affordability is a major Value Opportunity input.
Is Rivo Alto Island primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 93.4%.
What is the unemployment rate in Rivo Alto Island?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Rivo Alto Island?
Approximately 83.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Rivo Alto Island face high rent burden?
Approximately 67.9% 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 Rivo Alto Island?
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 applications9
Estimated originations4
Home-purchase applications4
Origination rate44.7%
Home-purchase share42.3%
Average application loan$1,893,537
Total application loan amount$16,684,087
National application rank#12,799 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -25.0% YoY; originations -30.4% 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.