What is the Best Neighborhoods USA ranking for Blacow?
Blacow is ranked #26 of 27 eligible neighborhoods in Fremont; #1,202 of 1,814 eligible neighborhoods in CA; and #9,706 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Blacow
Fremont, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
44.0
Stability and Strength
62.5
Value Opportunity
46.5
Momentum
11.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fremont, CA |
| County | Alameda County |
| National rank | #9,706 of 14,967 |
| State rank | #1,202 of 1,814 |
| City rank | #26 of 27 |
| County rank | #120 of 202 |
| National percentile | 35.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,445,877 |
| Year-over-year home value change | -3.8% |
| Month-over-month home value change | -0.49% |
| Home value to income ratio | 12.00 |
| Median household income | $120,469 |
| Bachelor's degree or higher | 62.3% |
| Civilian unemployment rate | 7.2% |
| Homeownership rate | 51.8% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 49.7% |
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 Blacow
Is Blacow one of the best neighborhoods in Fremont?
Blacow has a Best Neighborhoods USA Index of 44.0 and a city ranking of #26 of 27 eligible neighborhoods in Fremont.
How much are homes worth in Blacow?
The current Zillow Home Value Index for Blacow is approximately $1,445,877.
Are home values rising or falling in Blacow?
Zillow neighborhood values changed -3.8% year over year and -0.49% month over month.
What is the Neighborhood Momentum Score for Blacow?
Blacow has a Neighborhood Momentum Score of 11.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Blacow?
The NDS-derived neighborhood median household income is approximately $120,469.
How affordable is Blacow relative to household income?
The current Zillow home-value-to-household-income ratio is 12.00. Price-to-income affordability is a major Value Opportunity input.
Is Blacow primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 51.8%.
What is the unemployment rate in Blacow?
The NDS-derived civilian unemployment rate is approximately 7.2%.
How educated are residents of Blacow?
Approximately 62.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Blacow face high rent burden?
Approximately 49.7% 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 Blacow?
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 applications170
Estimated originations93
Home-purchase applications67
Origination rate54.7%
Home-purchase share39.4%
Average application loan$899,673
Total application loan amount$152,937,960
National application rank#2,556 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 25.1% YoY; originations 24.0% 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.