What is the Best Neighborhoods USA ranking for Thousand Oaks?
Thousand Oaks is ranked #2 of 13 eligible neighborhoods in Albany; #6 of 1,814 eligible neighborhoods in CA; and #196 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Thousand Oaks
Albany, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
80.5
Stability and Strength
86.3
Value Opportunity
67.9
Momentum
89.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Albany, CA |
| County | Alameda County |
| National rank | #196 of 14,967 |
| State rank | #6 of 1,814 |
| City rank | #2 of 13 |
| County rank | #2 of 202 |
| National percentile | 98.7 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,501,835 |
| Year-over-year home value change | 5.1% |
| Month-over-month home value change | 0.83% |
| Home value to income ratio | 6.88 |
| Median household income | $218,427 |
| Bachelor's degree or higher | 73.1% |
| Civilian unemployment rate | 1.6% |
| Homeownership rate | 82.8% |
| Housing vacancy rate | 0.1% |
| Rent burden 30% or higher | 50.2% |
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 Thousand Oaks
Is Thousand Oaks one of the best neighborhoods in Albany?
Thousand Oaks has a Best Neighborhoods USA Index of 80.5 and a city ranking of #2 of 13 eligible neighborhoods in Albany.
How much are homes worth in Thousand Oaks?
The current Zillow Home Value Index for Thousand Oaks is approximately $1,501,835.
Are home values rising or falling in Thousand Oaks?
Zillow neighborhood values changed 5.1% year over year and 0.83% month over month.
What is the Neighborhood Momentum Score for Thousand Oaks?
Thousand Oaks has a Neighborhood Momentum Score of 89.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Thousand Oaks?
The NDS-derived neighborhood median household income is approximately $218,427.
How affordable is Thousand Oaks relative to household income?
The current Zillow home-value-to-household-income ratio is 6.88. Price-to-income affordability is a major Value Opportunity input.
Is Thousand Oaks primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 82.8%.
What is the unemployment rate in Thousand Oaks?
The NDS-derived civilian unemployment rate is approximately 1.6%.
How educated are residents of Thousand Oaks?
Approximately 73.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Thousand Oaks face high rent burden?
Approximately 50.2% 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 Thousand Oaks?
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 applications13
Estimated originations6
Home-purchase applications4
Origination rate48.3%
Home-purchase share34.9%
Average application loan$493,609
Total application loan amount$6,211,774
National application rank#11,956 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 53.9% YoY; originations 36.4% 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.