Neighborhood Profile

Brookfield Village

Oakland, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
42.2
National rank: #10,320 of 14,967
Stability and Strength
49.9
Score
Value Opportunity
48.9
Score
Momentum
20.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOakland, CA
CountyAlameda County
National rank#10,320 of 14,967
State rank#1,274 of 1,814
City rank#61 of 117
County rank#127 of 202
National percentile31.1
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$490,472
Year-over-year home value change-2.0%
Month-over-month home value change-0.41%
Home value to income ratio5.62
Median household income$87,287
Bachelor's degree or higher11.5%
Civilian unemployment rate2.4%
Homeownership rate62.4%
Housing vacancy rate4.7%
Rent burden 30% or higher57.6%

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 Brookfield Village

What is the Best Neighborhoods USA ranking for Brookfield Village?

Brookfield Village is ranked #61 of 117 eligible neighborhoods in Oakland; #1,274 of 1,814 eligible neighborhoods in CA; and #10,320 of 14,967 eligible neighborhoods in the United States.

Is Brookfield Village one of the best neighborhoods in Oakland?

Brookfield Village has a Best Neighborhoods USA Index of 42.2 and a city ranking of #61 of 117 eligible neighborhoods in Oakland.

How much are homes worth in Brookfield Village?

The current Zillow Home Value Index for Brookfield Village is approximately $490,472.

Are home values rising or falling in Brookfield Village?

Zillow neighborhood values changed -2.0% year over year and -0.41% month over month.

What is the Neighborhood Momentum Score for Brookfield Village?

Brookfield Village has a Neighborhood Momentum Score of 20.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Brookfield Village?

The NDS-derived neighborhood median household income is approximately $87,287.

How affordable is Brookfield Village relative to household income?

The current Zillow home-value-to-household-income ratio is 5.62. Price-to-income affordability is a major Value Opportunity input.

Is Brookfield Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 62.4%.

What is the unemployment rate in Brookfield Village?

The NDS-derived civilian unemployment rate is approximately 2.4%.

How educated are residents of Brookfield Village?

Approximately 11.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Brookfield Village face high rent burden?

Approximately 57.6% 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 Brookfield Village?

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 applications62
Estimated originations28
Home-purchase applications28
Origination rate45.2%
Home-purchase share45.3%
Average application loan$362,439
Total application loan amount$22,324,437
National application rank#6,377 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.2% YoY; originations 9.5% 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.