What is the Best Neighborhoods USA ranking for Oakland?
Oakland is ranked #75 of 83 eligible neighborhoods in Pittsburgh; #362 of 382 eligible neighborhoods in PA; and #14,353 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Oakland
Pittsburgh, PA | Allegheny County
Scored premium profile
Best Neighborhoods USA Index
23.6
Stability and Strength
19.3
Value Opportunity
17.9
Momentum
38.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Pittsburgh, PA |
| County | Allegheny County |
| National rank | #14,353 of 14,967 |
| State rank | #362 of 382 |
| City rank | #75 of 83 |
| County rank | #75 of 83 |
| National percentile | 4.1 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $265,243 |
| Year-over-year home value change | -3.0% |
| Month-over-month home value change | 0.71% |
| Home value to income ratio | 13.30 |
| Median household income | $19,945 |
| Bachelor's degree or higher | 42.4% |
| Civilian unemployment rate | 6.9% |
| Homeownership rate | 17.4% |
| Housing vacancy rate | 24.2% |
| Rent burden 30% or higher | 87.3% |
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 Oakland
Is Oakland one of the best neighborhoods in Pittsburgh?
Oakland has a Best Neighborhoods USA Index of 23.6 and a city ranking of #75 of 83 eligible neighborhoods in Pittsburgh.
How much are homes worth in Oakland?
The current Zillow Home Value Index for Oakland is approximately $265,243.
Are home values rising or falling in Oakland?
Zillow neighborhood values changed -3.0% year over year and 0.71% month over month.
What is the Neighborhood Momentum Score for Oakland?
Oakland has a Neighborhood Momentum Score of 38.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Oakland?
The NDS-derived neighborhood median household income is approximately $19,945.
How affordable is Oakland relative to household income?
The current Zillow home-value-to-household-income ratio is 13.30. Price-to-income affordability is a major Value Opportunity input.
Is Oakland primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 17.4%.
What is the unemployment rate in Oakland?
The NDS-derived civilian unemployment rate is approximately 6.9%.
How educated are residents of Oakland?
Approximately 42.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Oakland face high rent burden?
Approximately 87.3% 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 Oakland?
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 applications85
Estimated originations47
Home-purchase applications37
Origination rate54.8%
Home-purchase share43.1%
Average application loan$258,440
Total application loan amount$21,947,944
National application rankNot rankable
Geometry coverage80.9%
Recent trend: Applications 22.0% YoY; originations 15.1% 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.