Neighborhood Profile

Royal Gardens

Gainesville, FL | Alachua County
Scored premium profile
Best Neighborhoods USA Index
78.3
National rank: #317 of 14,967
Stability and Strength
89.2
Score
Value Opportunity
88.6
Score
Momentum
46.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGainesville, FL
CountyAlachua County
National rank#317 of 14,967
State rank#8 of 1,145
City rank#2 of 40
County rank#2 of 40
National percentile97.9
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$452,858
Year-over-year home value change1.2%
Month-over-month home value change-0.23%
Home value to income ratio2.79
Median household income$162,594
Bachelor's degree or higher76.3%
Civilian unemployment rate1.0%
Homeownership rate89.8%
Housing vacancy rate5.2%
Rent burden 30% or higher6.2%

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 Royal Gardens

What is the Best Neighborhoods USA ranking for Royal Gardens?

Royal Gardens is ranked #2 of 40 eligible neighborhoods in Gainesville; #8 of 1,145 eligible neighborhoods in FL; and #317 of 14,967 eligible neighborhoods in the United States.

Is Royal Gardens one of the best neighborhoods in Gainesville?

Royal Gardens has a Best Neighborhoods USA Index of 78.3 and a city ranking of #2 of 40 eligible neighborhoods in Gainesville.

How much are homes worth in Royal Gardens?

The current Zillow Home Value Index for Royal Gardens is approximately $452,858.

Are home values rising or falling in Royal Gardens?

Zillow neighborhood values changed 1.2% year over year and -0.23% month over month.

What is the Neighborhood Momentum Score for Royal Gardens?

Royal Gardens has a Neighborhood Momentum Score of 46.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Royal Gardens?

The NDS-derived neighborhood median household income is approximately $162,594.

How affordable is Royal Gardens relative to household income?

The current Zillow home-value-to-household-income ratio is 2.79. Price-to-income affordability is a major Value Opportunity input.

Is Royal Gardens primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 89.8%.

What is the unemployment rate in Royal Gardens?

The NDS-derived civilian unemployment rate is approximately 1.0%.

How educated are residents of Royal Gardens?

Approximately 76.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Royal Gardens face high rent burden?

Approximately 6.2% 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 Royal Gardens?

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 applications2
Origination rate52.7%
Home-purchase share48.2%
Average application loan$242,636
Total application loan amount$1,166,049
National application rank#13,800 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.8% YoY; originations -10.8% 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.