Neighborhood Profile

The Movie Colony

Palm Springs, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
42.6
National rank: #10,183 of 14,967
Stability and Strength
37.0
Score
Value Opportunity
18.9
Score
Momentum
84.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalm Springs, CA
CountyRiverside County
National rank#10,183 of 14,967
State rank#1,257 of 1,814
City rank#13 of 37
County rank#57 of 113
National percentile32.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,225,512
Year-over-year home value change5.2%
Month-over-month home value change0.41%
Home value to income ratio34.71
Median household income$64,124
Bachelor's degree or higher43.7%
Civilian unemployment rate10.5%
Homeownership rate93.1%
Housing vacancy rate46.5%
Rent burden 30% or higher99.9%

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 The Movie Colony

What is the Best Neighborhoods USA ranking for The Movie Colony?

The Movie Colony is ranked #13 of 37 eligible neighborhoods in Palm Springs; #1,257 of 1,814 eligible neighborhoods in CA; and #10,183 of 14,967 eligible neighborhoods in the United States.

Is The Movie Colony one of the best neighborhoods in Palm Springs?

The Movie Colony has a Best Neighborhoods USA Index of 42.6 and a city ranking of #13 of 37 eligible neighborhoods in Palm Springs.

How much are homes worth in The Movie Colony?

The current Zillow Home Value Index for The Movie Colony is approximately $2,225,512.

Are home values rising or falling in The Movie Colony?

Zillow neighborhood values changed 5.2% year over year and 0.41% month over month.

What is the Neighborhood Momentum Score for The Movie Colony?

The Movie Colony has a Neighborhood Momentum Score of 84.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in The Movie Colony?

The NDS-derived neighborhood median household income is approximately $64,124.

How affordable is The Movie Colony relative to household income?

The current Zillow home-value-to-household-income ratio is 34.71. Price-to-income affordability is a major Value Opportunity input.

Is The Movie Colony primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.1%.

What is the unemployment rate in The Movie Colony?

The NDS-derived civilian unemployment rate is approximately 10.5%.

How educated are residents of The Movie Colony?

Approximately 43.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in The Movie Colony 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 The Movie Colony?

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 applications42
Estimated originations19
Home-purchase applications20
Origination rate44.9%
Home-purchase share48.5%
Average application loan$570,660
Total application loan amount$23,764,571
National application rank#7,970 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 39.1% YoY; originations 24.9% 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.