Neighborhood Profile

Indian Canyon

Palm Springs, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
51.7
National rank: #7,014 of 14,967
Stability and Strength
54.1
Score
Value Opportunity
33.2
Score
Momentum
73.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalm Springs, CA
CountyRiverside County
National rank#7,014 of 14,967
State rank#808 of 1,814
City rank#5 of 37
County rank#23 of 113
National percentile53.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,941,744
Year-over-year home value change3.4%
Month-over-month home value change0.24%
Home value to income ratio17.56
Median household income$110,589
Bachelor's degree or higher63.0%
Civilian unemployment rate8.0%
Homeownership rate84.7%
Housing vacancy rate42.9%
Rent burden 30% or higher65.9%

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 Indian Canyon

What is the Best Neighborhoods USA ranking for Indian Canyon?

Indian Canyon is ranked #5 of 37 eligible neighborhoods in Palm Springs; #808 of 1,814 eligible neighborhoods in CA; and #7,014 of 14,967 eligible neighborhoods in the United States.

Is Indian Canyon one of the best neighborhoods in Palm Springs?

Indian Canyon has a Best Neighborhoods USA Index of 51.7 and a city ranking of #5 of 37 eligible neighborhoods in Palm Springs.

How much are homes worth in Indian Canyon?

The current Zillow Home Value Index for Indian Canyon is approximately $1,941,744.

Are home values rising or falling in Indian Canyon?

Zillow neighborhood values changed 3.4% year over year and 0.24% month over month.

What is the Neighborhood Momentum Score for Indian Canyon?

Indian Canyon has a Neighborhood Momentum Score of 73.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Indian Canyon?

The NDS-derived neighborhood median household income is approximately $110,589.

How affordable is Indian Canyon relative to household income?

The current Zillow home-value-to-household-income ratio is 17.56. Price-to-income affordability is a major Value Opportunity input.

Is Indian Canyon primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 84.7%.

What is the unemployment rate in Indian Canyon?

The NDS-derived civilian unemployment rate is approximately 8.0%.

How educated are residents of Indian Canyon?

Approximately 63.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Indian Canyon face high rent burden?

Approximately 65.9% 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 Indian Canyon?

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 applications41
Estimated originations19
Home-purchase applications18
Origination rate45.7%
Home-purchase share44.4%
Average application loan$451,362
Total application loan amount$18,305,567
National application rank#8,093 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.7% YoY; originations 4.0% 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.