What is the Best Neighborhoods USA ranking for Olive Tree?
Olive Tree is ranked #11 of 25 eligible neighborhoods in Greenacres; #687 of 1,145 eligible neighborhoods in FL; and #10,637 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Olive Tree
Greenacres, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
41.2
Stability and Strength
45.7
Value Opportunity
45.7
Momentum
27.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Greenacres, FL |
| County | Palm Beach County |
| National rank | #10,637 of 14,967 |
| State rank | #687 of 1,145 |
| City rank | #11 of 25 |
| County rank | #65 of 109 |
| National percentile | 29.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $493,085 |
| Year-over-year home value change | -1.5% |
| Month-over-month home value change | -0.19% |
| Home value to income ratio | 5.97 |
| Median household income | $82,537 |
| Bachelor's degree or higher | 24.5% |
| Civilian unemployment rate | 4.1% |
| Homeownership rate | 47.5% |
| Housing vacancy rate | 5.8% |
| Rent burden 30% or higher | 54.9% |
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 Olive Tree
Is Olive Tree one of the best neighborhoods in Greenacres?
Olive Tree has a Best Neighborhoods USA Index of 41.2 and a city ranking of #11 of 25 eligible neighborhoods in Greenacres.
How much are homes worth in Olive Tree?
The current Zillow Home Value Index for Olive Tree is approximately $493,085.
Are home values rising or falling in Olive Tree?
Zillow neighborhood values changed -1.5% year over year and -0.19% month over month.
What is the Neighborhood Momentum Score for Olive Tree?
Olive Tree has a Neighborhood Momentum Score of 27.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Olive Tree?
The NDS-derived neighborhood median household income is approximately $82,537.
How affordable is Olive Tree relative to household income?
The current Zillow home-value-to-household-income ratio is 5.97. Price-to-income affordability is a major Value Opportunity input.
Is Olive Tree primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 47.5%.
What is the unemployment rate in Olive Tree?
The NDS-derived civilian unemployment rate is approximately 4.1%.
How educated are residents of Olive Tree?
Approximately 24.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Olive Tree face high rent burden?
Approximately 54.9% 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 Olive Tree?
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 applications63
Estimated originations32
Home-purchase applications34
Origination rate51.2%
Home-purchase share53.8%
Average application loan$284,698
Total application loan amount$18,073,542
National application rank#6,259 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.0% YoY; originations 17.7% 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.