Neighborhood Profile

Tropical Ridge

Lake Worth Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
26.8
National rank: #13,973 of 14,967
Stability and Strength
18.3
Score
Value Opportunity
22.1
Score
Momentum
47.0
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#13,973 of 14,967
State rank#1,036 of 1,145
City rank#15 of 16
County rank#101 of 109
National percentile6.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$354,232
Year-over-year home value change-1.4%
Month-over-month home value change0.62%
Home value to income ratio8.32
Median household income$42,572
Bachelor's degree or higher14.3%
Civilian unemployment rate6.1%
Homeownership rate21.3%
Housing vacancy rate12.2%
Rent burden 30% or higher72.0%

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 Tropical Ridge

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.

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 applications99
Estimated originations46
Home-purchase applications51
Origination rate46.7%
Home-purchase share51.5%
Average application loan$254,443
Total application loan amount$25,179,413
National application rank#4,384 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.1% YoY; originations -1.5% 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.