Neighborhood Profile

Schwettman Oaks

New Port Richey, FL | Pasco County
Scored premium profile
Best Neighborhoods USA Index
39.9
National rank: #11,037 of 14,967
Stability and Strength
30.4
Score
Value Opportunity
40.9
Score
Momentum
53.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Port Richey, FL
CountyPasco County
National rank#11,037 of 14,967
State rank#741 of 1,145
City rank#9 of 17
County rank#9 of 17
National percentile26.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$237,551
Year-over-year home value change-0.1%
Month-over-month home value change0.38%
Home value to income ratio4.78
Median household income$49,668
Bachelor's degree or higher7.7%
Civilian unemployment rate3.8%
Homeownership rate50.9%
Housing vacancy rate7.9%
Rent burden 30% or higher64.4%

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 Schwettman Oaks

What is the Best Neighborhoods USA ranking for Schwettman Oaks?

Schwettman Oaks is ranked #9 of 17 eligible neighborhoods in New Port Richey; #741 of 1,145 eligible neighborhoods in FL; and #11,037 of 14,967 eligible neighborhoods in the United States.

Is Schwettman Oaks one of the best neighborhoods in New Port Richey?

Schwettman Oaks has a Best Neighborhoods USA Index of 39.9 and a city ranking of #9 of 17 eligible neighborhoods in New Port Richey.

How much are homes worth in Schwettman Oaks?

The current Zillow Home Value Index for Schwettman Oaks is approximately $237,551.

Are home values rising or falling in Schwettman Oaks?

Zillow neighborhood values changed -0.1% year over year and 0.38% month over month.

What is the Neighborhood Momentum Score for Schwettman Oaks?

Schwettman Oaks has a Neighborhood Momentum Score of 53.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Schwettman Oaks?

The NDS-derived neighborhood median household income is approximately $49,668.

How affordable is Schwettman Oaks relative to household income?

The current Zillow home-value-to-household-income ratio is 4.78. Price-to-income affordability is a major Value Opportunity input.

Is Schwettman Oaks primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 50.9%.

What is the unemployment rate in Schwettman Oaks?

The NDS-derived civilian unemployment rate is approximately 3.8%.

How educated are residents of Schwettman Oaks?

Approximately 7.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Schwettman Oaks face high rent burden?

Approximately 64.4% 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 Schwettman Oaks?

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 applications33
Estimated originations18
Home-purchase applications14
Origination rate55.0%
Home-purchase share44.1%
Average application loan$160,252
Total application loan amount$5,237,317
National application rank#8,904 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -16.7% YoY; originations -15.5% 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.