Neighborhood Profile

Woodland Terrace

Gainesville, FL | Alachua County
Scored premium profile
Best Neighborhoods USA Index
27.3
National rank: #13,893 of 14,967
Stability and Strength
26.7
Score
Value Opportunity
15.6
Score
Momentum
44.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGainesville, FL
CountyAlachua County
National rank#13,893 of 14,967
State rank#1,025 of 1,145
City rank#38 of 40
County rank#38 of 40
National percentile7.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$275,710
Year-over-year home value change-1.1%
Month-over-month home value change0.32%
Home value to income ratio832.02
Median household income$331
Bachelor's degree or higher67.6%
Civilian unemployment rate15.2%
Homeownership rate54.0%
Housing vacancy rate14.7%
Rent burden 30% or higher78.1%

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 Woodland Terrace

What is the Best Neighborhoods USA ranking for Woodland Terrace?

Woodland Terrace is ranked #38 of 40 eligible neighborhoods in Gainesville; #1,025 of 1,145 eligible neighborhoods in FL; and #13,893 of 14,967 eligible neighborhoods in the United States.

Is Woodland Terrace one of the best neighborhoods in Gainesville?

Woodland Terrace has a Best Neighborhoods USA Index of 27.3 and a city ranking of #38 of 40 eligible neighborhoods in Gainesville.

How much are homes worth in Woodland Terrace?

The current Zillow Home Value Index for Woodland Terrace is approximately $275,710.

Are home values rising or falling in Woodland Terrace?

Zillow neighborhood values changed -1.1% year over year and 0.32% month over month.

What is the Neighborhood Momentum Score for Woodland Terrace?

Woodland Terrace has a Neighborhood Momentum Score of 44.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Woodland Terrace?

The NDS-derived neighborhood median household income is approximately $331.

How affordable is Woodland Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 832.02. Price-to-income affordability is a major Value Opportunity input.

Is Woodland Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 54.0%.

What is the unemployment rate in Woodland Terrace?

The NDS-derived civilian unemployment rate is approximately 15.2%.

How educated are residents of Woodland Terrace?

Approximately 67.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Woodland Terrace face high rent burden?

Approximately 78.1% 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 Woodland Terrace?

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 applications5
Estimated originations3
Home-purchase applications3
Origination rate58.7%
Home-purchase share54.7%
Average application loan$268,279
Total application loan amount$1,324,661
National application rank#13,771 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.3% YoY; originations -6.3% 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.