What is the Best Neighborhoods USA ranking for Skylake?
Skylake is ranked #2 of 12 eligible neighborhoods in North Miami Beach; #408 of 1,145 eligible neighborhoods in FL; and #7,516 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Skylake
North Miami Beach, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
50.3
Stability and Strength
41.3
Value Opportunity
27.7
Momentum
96.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | North Miami Beach, FL |
| County | Miami-Dade County |
| National rank | #7,516 of 14,967 |
| State rank | #408 of 1,145 |
| City rank | #2 of 12 |
| County rank | #17 of 81 |
| National percentile | 49.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,485,030 |
| Year-over-year home value change | 8.5% |
| Month-over-month home value change | 1.07% |
| Home value to income ratio | 19.97 |
| Median household income | $74,364 |
| Bachelor's degree or higher | 48.5% |
| Civilian unemployment rate | 12.6% |
| Homeownership rate | 69.9% |
| Housing vacancy rate | 5.9% |
| Rent burden 30% or higher | 100.0% |
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 Skylake
Is Skylake one of the best neighborhoods in North Miami Beach?
Skylake has a Best Neighborhoods USA Index of 50.3 and a city ranking of #2 of 12 eligible neighborhoods in North Miami Beach.
How much are homes worth in Skylake?
The current Zillow Home Value Index for Skylake is approximately $1,485,030.
Are home values rising or falling in Skylake?
Zillow neighborhood values changed 8.5% year over year and 1.07% month over month.
What is the Neighborhood Momentum Score for Skylake?
Skylake has a Neighborhood Momentum Score of 96.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Skylake?
The NDS-derived neighborhood median household income is approximately $74,364.
How affordable is Skylake relative to household income?
The current Zillow home-value-to-household-income ratio is 19.97. Price-to-income affordability is a major Value Opportunity input.
Is Skylake primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 69.9%.
What is the unemployment rate in Skylake?
The NDS-derived civilian unemployment rate is approximately 12.6%.
How educated are residents of Skylake?
Approximately 48.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Skylake face high rent burden?
Approximately 100.0% 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 Skylake?
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
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 applications28
Estimated originations9
Home-purchase applications10
Origination rate34.1%
Home-purchase share34.6%
Average application loan$744,374
Total application loan amount$20,600,516
National application rank#9,546 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.2% YoY; originations -13.5% 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.