Neighborhood Profile

Movie Colony East

Palm Springs, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
36.0
National rank: #12,128 of 14,967
Stability and Strength
34.7
Score
Value Opportunity
22.5
Score
Momentum
57.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalm Springs, CA
CountyRiverside County
National rank#12,128 of 14,967
State rank#1,498 of 1,814
City rank#22 of 37
County rank#84 of 113
National percentile19.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,123,111
Year-over-year home value change0.5%
Month-over-month home value change0.33%
Home value to income ratio19.06
Median household income$58,915
Bachelor's degree or higher36.8%
Civilian unemployment rate5.2%
Homeownership rate61.5%
Housing vacancy rate30.2%
Rent burden 30% or higher81.9%

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 Movie Colony East

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

Movie Colony East is ranked #22 of 37 eligible neighborhoods in Palm Springs; #1,498 of 1,814 eligible neighborhoods in CA; and #12,128 of 14,967 eligible neighborhoods in the United States.

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

Movie Colony East has a Best Neighborhoods USA Index of 36.0 and a city ranking of #22 of 37 eligible neighborhoods in Palm Springs.

How much are homes worth in Movie Colony East?

The current Zillow Home Value Index for Movie Colony East is approximately $1,123,111.

Are home values rising or falling in Movie Colony East?

Zillow neighborhood values changed 0.5% year over year and 0.33% month over month.

What is the Neighborhood Momentum Score for Movie Colony East?

Movie Colony East has a Neighborhood Momentum Score of 57.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Movie Colony East?

The NDS-derived neighborhood median household income is approximately $58,915.

How affordable is Movie Colony East relative to household income?

The current Zillow home-value-to-household-income ratio is 19.06. Price-to-income affordability is a major Value Opportunity input.

Is Movie Colony East primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 61.5%.

What is the unemployment rate in Movie Colony East?

The NDS-derived civilian unemployment rate is approximately 5.2%.

How educated are residents of Movie Colony East?

Approximately 36.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Movie Colony East face high rent burden?

Approximately 81.9% 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 Movie Colony East?

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 applications76
Estimated originations34
Home-purchase applications37
Origination rate44.9%
Home-purchase share48.5%
Average application loan$570,248
Total application loan amount$43,205,737
National application rank#5,467 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 38.9% YoY; originations 24.7% 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.