What is the Best Neighborhoods USA ranking for Laguna Springs?
Laguna Springs is ranked #5 of 6 eligible neighborhoods in Elk Grove; #1,014 of 1,814 eligible neighborhoods in CA; and #8,464 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Laguna Springs
Elk Grove, CA | Sacramento County
Scored premium profile
Best Neighborhoods USA Index
47.7
Stability and Strength
56.4
Value Opportunity
55.0
Momentum
23.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Elk Grove, CA |
| County | Sacramento County |
| National rank | #8,464 of 14,967 |
| State rank | #1,014 of 1,814 |
| City rank | #5 of 6 |
| County rank | #65 of 144 |
| National percentile | 43.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $602,071 |
| Year-over-year home value change | -2.5% |
| Month-over-month home value change | -0.11% |
| Home value to income ratio | 4.20 |
| Median household income | $143,296 |
| Bachelor's degree or higher | 39.8% |
| Civilian unemployment rate | 11.4% |
| Homeownership rate | 76.3% |
| Housing vacancy rate | 18.0% |
| Rent burden 30% or higher | 15.6% |
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 Laguna Springs
Is Laguna Springs one of the best neighborhoods in Elk Grove?
Laguna Springs has a Best Neighborhoods USA Index of 47.7 and a city ranking of #5 of 6 eligible neighborhoods in Elk Grove.
How much are homes worth in Laguna Springs?
The current Zillow Home Value Index for Laguna Springs is approximately $602,071.
Are home values rising or falling in Laguna Springs?
Zillow neighborhood values changed -2.5% year over year and -0.11% month over month.
What is the Neighborhood Momentum Score for Laguna Springs?
Laguna Springs has a Neighborhood Momentum Score of 23.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Laguna Springs?
The NDS-derived neighborhood median household income is approximately $143,296.
How affordable is Laguna Springs relative to household income?
The current Zillow home-value-to-household-income ratio is 4.20. Price-to-income affordability is a major Value Opportunity input.
Is Laguna Springs primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 76.3%.
What is the unemployment rate in Laguna Springs?
The NDS-derived civilian unemployment rate is approximately 11.4%.
How educated are residents of Laguna Springs?
Approximately 39.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Laguna Springs face high rent burden?
Approximately 15.6% 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 Laguna Springs?
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 applications16
Estimated originations9
Home-purchase applications6
Origination rate59.9%
Home-purchase share37.3%
Average application loan$265,802
Total application loan amount$4,185,037
National application rank#11,327 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 26.9% YoY; originations 58.7% 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.