Neighborhood Profile

Spring Tree

Gainesville, FL | Alachua County
Scored premium profile
Best Neighborhoods USA Index
60.1
National rank: #4,022 of 14,967
Stability and Strength
70.1
Score
Value Opportunity
72.5
Score
Momentum
26.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGainesville, FL
CountyAlachua County
National rank#4,022 of 14,967
State rank#171 of 1,145
City rank#11 of 40
County rank#11 of 40
National percentile73.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$259,104
Year-over-year home value change-1.0%
Month-over-month home value change-0.51%
Home value to income ratio3.29
Median household income$78,717
Bachelor's degree or higher46.8%
Civilian unemployment rate2.2%
Homeownership rate92.2%
Housing vacancy rate1.9%
Rent burden 30% or higher40.0%

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 Spring Tree

What is the Best Neighborhoods USA ranking for Spring Tree?

Spring Tree is ranked #11 of 40 eligible neighborhoods in Gainesville; #171 of 1,145 eligible neighborhoods in FL; and #4,022 of 14,967 eligible neighborhoods in the United States.

Is Spring Tree one of the best neighborhoods in Gainesville?

Spring Tree has a Best Neighborhoods USA Index of 60.1 and a city ranking of #11 of 40 eligible neighborhoods in Gainesville.

How much are homes worth in Spring Tree?

The current Zillow Home Value Index for Spring Tree is approximately $259,104.

Are home values rising or falling in Spring Tree?

Zillow neighborhood values changed -1.0% year over year and -0.51% month over month.

What is the Neighborhood Momentum Score for Spring Tree?

Spring Tree has a Neighborhood Momentum Score of 26.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Spring Tree?

The NDS-derived neighborhood median household income is approximately $78,717.

How affordable is Spring Tree relative to household income?

The current Zillow home-value-to-household-income ratio is 3.29. Price-to-income affordability is a major Value Opportunity input.

Is Spring Tree primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 92.2%.

What is the unemployment rate in Spring Tree?

The NDS-derived civilian unemployment rate is approximately 2.2%.

How educated are residents of Spring Tree?

Approximately 46.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Spring Tree face high rent burden?

Approximately 40.0% 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 Spring Tree?

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 applications32
Estimated originations20
Home-purchase applications16
Origination rate61.5%
Home-purchase share51.5%
Average application loan$374,168
Total application loan amount$11,889,804
National application rank#9,022 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.1% YoY; originations 12.7% 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.