Neighborhood Profile

Andover Lakes

Miami Gardens, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
32.1
National rank: #13,081 of 14,967
Stability and Strength
31.9
Score
Value Opportunity
22.6
Score
Momentum
45.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMiami Gardens, FL
CountyMiami-Dade County
National rank#13,081 of 14,967
State rank#933 of 1,145
City rank#23 of 30
County rank#70 of 81
National percentile12.6
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$522,020
Year-over-year home value change-0.2%
Month-over-month home value change0.09%
Home value to income ratio9.93
Median household income$52,579
Bachelor's degree or higher29.1%
Civilian unemployment rate7.2%
Homeownership rate65.1%
Housing vacancy rate16.6%
Rent burden 30% or higher60.9%

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 Andover Lakes

What is the Best Neighborhoods USA ranking for Andover Lakes?

Andover Lakes is ranked #23 of 30 eligible neighborhoods in Miami Gardens; #933 of 1,145 eligible neighborhoods in FL; and #13,081 of 14,967 eligible neighborhoods in the United States.

Is Andover Lakes one of the best neighborhoods in Miami Gardens?

Andover Lakes has a Best Neighborhoods USA Index of 32.1 and a city ranking of #23 of 30 eligible neighborhoods in Miami Gardens.

How much are homes worth in Andover Lakes?

The current Zillow Home Value Index for Andover Lakes is approximately $522,020.

Are home values rising or falling in Andover Lakes?

Zillow neighborhood values changed -0.2% year over year and 0.09% month over month.

What is the Neighborhood Momentum Score for Andover Lakes?

Andover Lakes has a Neighborhood Momentum Score of 45.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Andover Lakes?

The NDS-derived neighborhood median household income is approximately $52,579.

How affordable is Andover Lakes relative to household income?

The current Zillow home-value-to-household-income ratio is 9.93. Price-to-income affordability is a major Value Opportunity input.

Is Andover Lakes primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.1%.

What is the unemployment rate in Andover Lakes?

The NDS-derived civilian unemployment rate is approximately 7.2%.

How educated are residents of Andover Lakes?

Approximately 29.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Andover Lakes face high rent burden?

Approximately 60.9% 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 Andover Lakes?

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 applications186
Estimated originations69
Home-purchase applications75
Origination rate37.2%
Home-purchase share40.5%
Average application loan$241,010
Total application loan amount$44,811,166
National application rank#2,278 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.9% YoY; originations 32.6% 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.