What is the Best Neighborhoods USA ranking for Merriwood?
Merriwood is ranked #48 of 117 eligible neighborhoods in Oakland; #1,068 of 1,814 eligible neighborhoods in CA; and #8,832 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Merriwood
Oakland, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
46.6
Stability and Strength
59.5
Value Opportunity
36.7
Momentum
40.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Oakland, CA |
| County | Alameda County |
| National rank | #8,832 of 14,967 |
| State rank | #1,068 of 1,814 |
| City rank | #48 of 117 |
| County rank | #105 of 202 |
| National percentile | 41.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,276,389 |
| Year-over-year home value change | -2.6% |
| Month-over-month home value change | 0.67% |
| Home value to income ratio | 23.12 |
| Median household income | $55,212 |
| Bachelor's degree or higher | 84.6% |
| Civilian unemployment rate | 5.2% |
| Homeownership rate | 91.4% |
| Housing vacancy rate | 2.2% |
| Rent burden 30% or higher | 64.3% |
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 Merriwood
Is Merriwood one of the best neighborhoods in Oakland?
Merriwood has a Best Neighborhoods USA Index of 46.6 and a city ranking of #48 of 117 eligible neighborhoods in Oakland.
How much are homes worth in Merriwood?
The current Zillow Home Value Index for Merriwood is approximately $1,276,389.
Are home values rising or falling in Merriwood?
Zillow neighborhood values changed -2.6% year over year and 0.67% month over month.
What is the Neighborhood Momentum Score for Merriwood?
Merriwood has a Neighborhood Momentum Score of 40.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Merriwood?
The NDS-derived neighborhood median household income is approximately $55,212.
How affordable is Merriwood relative to household income?
The current Zillow home-value-to-household-income ratio is 23.12. Price-to-income affordability is a major Value Opportunity input.
Is Merriwood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 91.4%.
What is the unemployment rate in Merriwood?
The NDS-derived civilian unemployment rate is approximately 5.2%.
How educated are residents of Merriwood?
Approximately 84.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Merriwood face high rent burden?
Approximately 64.3% 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 Merriwood?
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 applications129
Estimated originations71
Home-purchase applications67
Origination rate55.5%
Home-purchase share51.9%
Average application loan$792,374
Total application loan amount$101,865,078
National application rank#3,423 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.0% YoY; originations -6.7% 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.