What is the Best Neighborhoods USA ranking for Tropical Ridge?
Tropical Ridge is ranked #15 of 16 eligible neighborhoods in Lake Worth Beach; #1,036 of 1,145 eligible neighborhoods in FL; and #13,973 of 14,967 eligible neighborhoods in the United States.
Is Tropical Ridge one of the best neighborhoods in Lake Worth Beach?
Tropical Ridge has a Best Neighborhoods USA Index of 26.8 and a city ranking of #15 of 16 eligible neighborhoods in Lake Worth Beach.
How much are homes worth in Tropical Ridge?
The current Zillow Home Value Index for Tropical Ridge is approximately $354,232.
Are home values rising or falling in Tropical Ridge?
Zillow neighborhood values changed -1.4% year over year and 0.62% month over month.
What is the Neighborhood Momentum Score for Tropical Ridge?
Tropical Ridge has a Neighborhood Momentum Score of 47.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Tropical Ridge?
The NDS-derived neighborhood median household income is approximately $42,572.
How affordable is Tropical Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 8.32. Price-to-income affordability is a major Value Opportunity input.
Is Tropical Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 21.3%.
What is the unemployment rate in Tropical Ridge?
The NDS-derived civilian unemployment rate is approximately 6.1%.
How educated are residents of Tropical Ridge?
Approximately 14.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Tropical Ridge face high rent burden?
Approximately 72.0% 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 Tropical Ridge?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.