What is the Best Neighborhoods USA ranking for Grove Street?
Grove Street is ranked #29 of 40 eligible neighborhoods in Gainesville; #693 of 1,145 eligible neighborhoods in FL; and #10,682 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Grove Street
Gainesville, FL | Alachua County
Scored premium profile
Best Neighborhoods USA Index
41.1
Stability and Strength
51.0
Value Opportunity
52.9
Momentum
8.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Gainesville, FL |
| County | Alachua County |
| National rank | #10,682 of 14,967 |
| State rank | #693 of 1,145 |
| City rank | #29 of 40 |
| County rank | #29 of 40 |
| National percentile | 28.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $257,886 |
| Year-over-year home value change | -5.3% |
| Month-over-month home value change | -0.37% |
| Home value to income ratio | 5.06 |
| Median household income | $51,010 |
| Bachelor's degree or higher | 54.2% |
| Civilian unemployment rate | 2.1% |
| Homeownership rate | 27.7% |
| Housing vacancy rate | 6.9% |
| Rent burden 30% or higher | 27.3% |
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 Grove Street
Is Grove Street one of the best neighborhoods in Gainesville?
Grove Street has a Best Neighborhoods USA Index of 41.1 and a city ranking of #29 of 40 eligible neighborhoods in Gainesville.
How much are homes worth in Grove Street?
The current Zillow Home Value Index for Grove Street is approximately $257,886.
Are home values rising or falling in Grove Street?
Zillow neighborhood values changed -5.3% year over year and -0.37% month over month.
What is the Neighborhood Momentum Score for Grove Street?
Grove Street has a Neighborhood Momentum Score of 8.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Grove Street?
The NDS-derived neighborhood median household income is approximately $51,010.
How affordable is Grove Street relative to household income?
The current Zillow home-value-to-household-income ratio is 5.06. Price-to-income affordability is a major Value Opportunity input.
Is Grove Street primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 27.7%.
What is the unemployment rate in Grove Street?
The NDS-derived civilian unemployment rate is approximately 2.1%.
How educated are residents of Grove Street?
Approximately 54.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Grove Street face high rent burden?
Approximately 27.3% 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 Grove Street?
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 rate45.2%
Home-purchase share40.3%
Average application loan$157,903
Total application loan amount$1,469,449
National application rank#12,689 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.7% YoY; originations 0.0% 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.