What is the Best Neighborhoods USA ranking for Oak Center?
Oak Center is ranked #109 of 117 eligible neighborhoods in Oakland; #1,782 of 1,814 eligible neighborhoods in CA; and #14,598 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Oak Center
Oakland, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
20.8
Stability and Strength
27.4
Value Opportunity
21.9
Momentum
8.8
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 | #14,598 of 14,967 |
| State rank | #1,782 of 1,814 |
| City rank | #109 of 117 |
| County rank | #194 of 202 |
| National percentile | 2.5 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $681,274 |
| Year-over-year home value change | -7.1% |
| Month-over-month home value change | -0.24% |
| Home value to income ratio | 12.84 |
| Median household income | $53,077 |
| Bachelor's degree or higher | 29.5% |
| Civilian unemployment rate | 13.0% |
| Homeownership rate | 17.5% |
| Housing vacancy rate | 5.3% |
| Rent burden 30% or higher | 48.5% |
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 Oak Center
Is Oak Center one of the best neighborhoods in Oakland?
Oak Center has a Best Neighborhoods USA Index of 20.8 and a city ranking of #109 of 117 eligible neighborhoods in Oakland.
How much are homes worth in Oak Center?
The current Zillow Home Value Index for Oak Center is approximately $681,274.
Are home values rising or falling in Oak Center?
Zillow neighborhood values changed -7.1% year over year and -0.24% month over month.
What is the Neighborhood Momentum Score for Oak Center?
Oak Center has a Neighborhood Momentum Score of 8.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Oak Center?
The NDS-derived neighborhood median household income is approximately $53,077.
How affordable is Oak Center relative to household income?
The current Zillow home-value-to-household-income ratio is 12.84. Price-to-income affordability is a major Value Opportunity input.
Is Oak Center primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 17.5%.
What is the unemployment rate in Oak Center?
The NDS-derived civilian unemployment rate is approximately 13.0%.
How educated are residents of Oak Center?
Approximately 29.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Oak Center face high rent burden?
Approximately 48.5% 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 Oak Center?
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 applications27
Estimated originations11
Home-purchase applications9
Origination rate42.0%
Home-purchase share32.2%
Average application loan$479,059
Total application loan amount$12,919,774
National application rank#9,643 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -22.7% YoY; originations -48.4% 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.