What is the Best Neighborhoods USA ranking for Oak Tree?
Oak Tree is ranked #74 of 117 eligible neighborhoods in Oakland; #1,560 of 1,814 eligible neighborhoods in CA; and #12,654 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Oak Tree
Oakland, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
33.9
Stability and Strength
35.5
Value Opportunity
34.7
Momentum
30.1
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 | #12,654 of 14,967 |
| State rank | #1,560 of 1,814 |
| City rank | #74 of 117 |
| County rank | #156 of 202 |
| National percentile | 15.5 |
| National band | LOWER_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $548,019 |
| Year-over-year home value change | -7.6% |
| Month-over-month home value change | 0.89% |
| Home value to income ratio | 7.46 |
| Median household income | $73,425 |
| Bachelor's degree or higher | 20.4% |
| Civilian unemployment rate | 7.1% |
| Homeownership rate | 11.6% |
| Housing vacancy rate | 4.4% |
| Rent burden 30% or higher | 43.6% |
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 Oak Tree
Is Oak Tree one of the best neighborhoods in Oakland?
Oak Tree has a Best Neighborhoods USA Index of 33.9 and a city ranking of #74 of 117 eligible neighborhoods in Oakland.
How much are homes worth in Oak Tree?
The current Zillow Home Value Index for Oak Tree is approximately $548,019.
Are home values rising or falling in Oak Tree?
Zillow neighborhood values changed -7.6% year over year and 0.89% month over month.
What is the Neighborhood Momentum Score for Oak Tree?
Oak Tree has a Neighborhood Momentum Score of 30.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Oak Tree?
The NDS-derived neighborhood median household income is approximately $73,425.
How affordable is Oak Tree relative to household income?
The current Zillow home-value-to-household-income ratio is 7.46. Price-to-income affordability is a major Value Opportunity input.
Is Oak Tree primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 11.6%.
What is the unemployment rate in Oak Tree?
The NDS-derived civilian unemployment rate is approximately 7.1%.
How educated are residents of Oak Tree?
Approximately 20.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Oak Tree face high rent burden?
Approximately 43.6% 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 Oak Tree?
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 applications29
Estimated originations14
Home-purchase applications12
Origination rate48.0%
Home-purchase share41.6%
Average application loan$397,374
Total application loan amount$11,411,738
National application rank#9,412 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 23.3% YoY; originations -3.0% 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.