What is the Best Neighborhoods USA ranking for Washington Park?
Washington Park is ranked #6 of 12 eligible neighborhoods in North Miami Beach; #669 of 1,145 eligible neighborhoods in FL; and #10,477 of 14,967 eligible neighborhoods in the United States.
Is Washington Park one of the best neighborhoods in North Miami Beach?
Washington Park has a Best Neighborhoods USA Index of 41.7 and a city ranking of #6 of 12 eligible neighborhoods in North Miami Beach.
How much are homes worth in Washington Park?
The current Zillow Home Value Index for Washington Park is approximately $401,830.
Are home values rising or falling in Washington Park?
Zillow neighborhood values changed 0.8% year over year and 0.33% month over month.
What is the Neighborhood Momentum Score for Washington Park?
Washington Park has a Neighborhood Momentum Score of 59.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Washington Park?
The NDS-derived neighborhood median household income is approximately $56,104.
How affordable is Washington Park relative to household income?
The current Zillow home-value-to-household-income ratio is 7.16. Price-to-income affordability is a major Value Opportunity input.
Is Washington Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 83.7%.
What is the unemployment rate in Washington Park?
The NDS-derived civilian unemployment rate is approximately 4.3%.
How educated are residents of Washington Park?
Approximately 14.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Washington Park face high rent burden?
Approximately 99.9% 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 Washington Park?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.