What is the Best Neighborhoods USA ranking for Old Las Palmas?
Old Las Palmas is ranked #6 of 37 eligible neighborhoods in Palm Springs; #850 of 1,814 eligible neighborhoods in CA; and #7,363 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old Las Palmas
Palm Springs, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
50.7
Stability and Strength
45.3
Value Opportunity
28.4
Momentum
90.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Palm Springs, CA |
| County | Riverside County |
| National rank | #7,363 of 14,967 |
| State rank | #850 of 1,814 |
| City rank | #6 of 37 |
| County rank | #26 of 113 |
| National percentile | 50.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $3,641,609 |
| Year-over-year home value change | 5.5% |
| Month-over-month home value change | 0.91% |
| Home value to income ratio | 38.09 |
| Median household income | $95,612 |
| Bachelor's degree or higher | 41.2% |
| Civilian unemployment rate | 5.6% |
| Homeownership rate | 67.4% |
| Housing vacancy rate | 46.7% |
| Rent burden 30% or higher | 77.0% |
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 Old Las Palmas
Is Old Las Palmas one of the best neighborhoods in Palm Springs?
Old Las Palmas has a Best Neighborhoods USA Index of 50.7 and a city ranking of #6 of 37 eligible neighborhoods in Palm Springs.
How much are homes worth in Old Las Palmas?
The current Zillow Home Value Index for Old Las Palmas is approximately $3,641,609.
Are home values rising or falling in Old Las Palmas?
Zillow neighborhood values changed 5.5% year over year and 0.91% month over month.
What is the Neighborhood Momentum Score for Old Las Palmas?
Old Las Palmas has a Neighborhood Momentum Score of 90.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old Las Palmas?
The NDS-derived neighborhood median household income is approximately $95,612.
How affordable is Old Las Palmas relative to household income?
The current Zillow home-value-to-household-income ratio is 38.09. Price-to-income affordability is a major Value Opportunity input.
Is Old Las Palmas primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 67.4%.
What is the unemployment rate in Old Las Palmas?
The NDS-derived civilian unemployment rate is approximately 5.6%.
How educated are residents of Old Las Palmas?
Approximately 41.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old Las Palmas face high rent burden?
Approximately 77.0% 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 Old Las Palmas?
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 applications3
Estimated originations2
Home-purchase applications2
Origination rate51.1%
Home-purchase share56.0%
Average application loan$603,566
Total application loan amount$1,993,290
National application rank#14,215 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.2% YoY; originations 14.3% 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.