Neighborhood Profile

Fair Grove

Cupertino, CA | Santa Clara County
Scored premium profile
Best Neighborhoods USA Index
75.9
National rank: #540 of 14,967
Stability and Strength
85.8
Score
Value Opportunity
55.3
Score
Momentum
88.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCupertino, CA
CountySanta Clara County
National rank#540 of 14,967
State rank#14 of 1,814
City rank#1 of 11
County rank#1 of 95
National percentile96.4
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,720,184
Year-over-year home value change5.4%
Month-over-month home value change0.66%
Home value to income ratio11.26
Median household income$241,685
Bachelor's degree or higher79.5%
Civilian unemployment rate0.9%
Homeownership rate89.2%
Housing vacancy rate12.3%
Rent burden 30% or higher34.3%

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 Fair Grove

What is the Best Neighborhoods USA ranking for Fair Grove?

Fair Grove is ranked #1 of 11 eligible neighborhoods in Cupertino; #14 of 1,814 eligible neighborhoods in CA; and #540 of 14,967 eligible neighborhoods in the United States.

Is Fair Grove one of the best neighborhoods in Cupertino?

Fair Grove has a Best Neighborhoods USA Index of 75.9 and a city ranking of #1 of 11 eligible neighborhoods in Cupertino.

How much are homes worth in Fair Grove?

The current Zillow Home Value Index for Fair Grove is approximately $2,720,184.

Are home values rising or falling in Fair Grove?

Zillow neighborhood values changed 5.4% year over year and 0.66% month over month.

What is the Neighborhood Momentum Score for Fair Grove?

Fair Grove has a Neighborhood Momentum Score of 88.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fair Grove?

The NDS-derived neighborhood median household income is approximately $241,685.

How affordable is Fair Grove relative to household income?

The current Zillow home-value-to-household-income ratio is 11.26. Price-to-income affordability is a major Value Opportunity input.

Is Fair Grove primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 89.2%.

What is the unemployment rate in Fair Grove?

The NDS-derived civilian unemployment rate is approximately 0.9%.

How educated are residents of Fair Grove?

Approximately 79.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fair Grove face high rent burden?

Approximately 34.3% 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 Fair Grove?

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 applications14
Estimated originations8
Home-purchase applications6
Origination rate60.1%
Home-purchase share42.5%
Average application loan$1,179,139
Total application loan amount$16,002,972
National application rank#11,773 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.7% YoY; originations 4.7% 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.