Neighborhood Profile

Fitchburg

Oakland, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
23.3
National rank: #14,379 of 14,967
Stability and Strength
20.5
Score
Value Opportunity
25.5
Score
Momentum
24.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOakland, CA
CountyAlameda County
National rank#14,379 of 14,967
State rank#1,758 of 1,814
City rank#103 of 117
County rank#188 of 202
National percentile3.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$444,208
Year-over-year home value change-5.5%
Month-over-month home value change0.28%
Home value to income ratio7.61
Median household income$58,372
Bachelor's degree or higher6.2%
Civilian unemployment rate18.9%
Homeownership rate34.1%
Housing vacancy rate2.7%
Rent burden 30% or higher69.3%

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 Fitchburg

What is the Best Neighborhoods USA ranking for Fitchburg?

Fitchburg is ranked #103 of 117 eligible neighborhoods in Oakland; #1,758 of 1,814 eligible neighborhoods in CA; and #14,379 of 14,967 eligible neighborhoods in the United States.

Is Fitchburg one of the best neighborhoods in Oakland?

Fitchburg has a Best Neighborhoods USA Index of 23.3 and a city ranking of #103 of 117 eligible neighborhoods in Oakland.

How much are homes worth in Fitchburg?

The current Zillow Home Value Index for Fitchburg is approximately $444,208.

Are home values rising or falling in Fitchburg?

Zillow neighborhood values changed -5.5% year over year and 0.28% month over month.

What is the Neighborhood Momentum Score for Fitchburg?

Fitchburg has a Neighborhood Momentum Score of 24.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fitchburg?

The NDS-derived neighborhood median household income is approximately $58,372.

How affordable is Fitchburg relative to household income?

The current Zillow home-value-to-household-income ratio is 7.61. Price-to-income affordability is a major Value Opportunity input.

Is Fitchburg primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 34.1%.

What is the unemployment rate in Fitchburg?

The NDS-derived civilian unemployment rate is approximately 18.9%.

How educated are residents of Fitchburg?

Approximately 6.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fitchburg face high rent burden?

Approximately 69.3% 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 Fitchburg?

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 applications13
Estimated originations7
Home-purchase applications9
Origination rate51.6%
Home-purchase share64.5%
Average application loan$396,290
Total application loan amount$5,260,546
National application rank#11,820 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -20.5% YoY; originations -20.0% 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.