Neighborhood Profile

South Palm Park

Lake Worth Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
33.7
National rank: #12,694 of 14,967
Stability and Strength
24.9
Score
Value Opportunity
15.7
Score
Momentum
72.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLake Worth Beach, FL
CountyPalm Beach County
National rank#12,694 of 14,967
State rank#897 of 1,145
City rank#12 of 16
County rank#90 of 109
National percentile15.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$822,849
Year-over-year home value change3.7%
Month-over-month home value change0.15%
Home value to income ratio16.47
Median household income$49,965
Bachelor's degree or higher24.0%
Civilian unemployment rate9.6%
Homeownership rate48.9%
Housing vacancy rate13.8%
Rent burden 30% or higher58.2%

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 South Palm Park

What is the Best Neighborhoods USA ranking for South Palm Park?

South Palm Park is ranked #12 of 16 eligible neighborhoods in Lake Worth Beach; #897 of 1,145 eligible neighborhoods in FL; and #12,694 of 14,967 eligible neighborhoods in the United States.

Is South Palm Park one of the best neighborhoods in Lake Worth Beach?

South Palm Park has a Best Neighborhoods USA Index of 33.7 and a city ranking of #12 of 16 eligible neighborhoods in Lake Worth Beach.

How much are homes worth in South Palm Park?

The current Zillow Home Value Index for South Palm Park is approximately $822,849.

Are home values rising or falling in South Palm Park?

Zillow neighborhood values changed 3.7% year over year and 0.15% month over month.

What is the Neighborhood Momentum Score for South Palm Park?

South Palm Park has a Neighborhood Momentum Score of 72.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in South Palm Park?

The NDS-derived neighborhood median household income is approximately $49,965.

How affordable is South Palm Park relative to household income?

The current Zillow home-value-to-household-income ratio is 16.47. Price-to-income affordability is a major Value Opportunity input.

Is South Palm Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.9%.

What is the unemployment rate in South Palm Park?

The NDS-derived civilian unemployment rate is approximately 9.6%.

How educated are residents of South Palm Park?

Approximately 24.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in South Palm Park face high rent burden?

Approximately 58.2% 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 South Palm Park?

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 applications50
Estimated originations24
Home-purchase applications20
Origination rate47.9%
Home-purchase share39.4%
Average application loan$390,993
Total application loan amount$19,618,484
National application rank#7,208 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.9% YoY; originations -13.4% 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.