What is the Best Neighborhoods USA ranking for Sherman Oaks?
Sherman Oaks is ranked #29 of 94 eligible neighborhoods in Los Angeles; #1,007 of 1,814 eligible neighborhoods in CA; and #8,424 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sherman Oaks
Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
47.8
Stability and Strength
50.8
Value Opportunity
37.8
Momentum
57.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Los Angeles, CA |
| County | Los Angeles County |
| National rank | #8,424 of 14,967 |
| State rank | #1,007 of 1,814 |
| City rank | #29 of 94 |
| County rank | #167 of 321 |
| National percentile | 43.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,702,186 |
| Year-over-year home value change | 1.8% |
| Month-over-month home value change | -0.01% |
| Home value to income ratio | 15.70 |
| Median household income | $108,418 |
| Bachelor's degree or higher | 63.4% |
| Civilian unemployment rate | 9.8% |
| Homeownership rate | 40.9% |
| Housing vacancy rate | 6.1% |
| Rent burden 30% or higher | 56.9% |
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 Sherman Oaks
Is Sherman Oaks one of the best neighborhoods in Los Angeles?
Sherman Oaks has a Best Neighborhoods USA Index of 47.8 and a city ranking of #29 of 94 eligible neighborhoods in Los Angeles.
How much are homes worth in Sherman Oaks?
The current Zillow Home Value Index for Sherman Oaks is approximately $1,702,186.
Are home values rising or falling in Sherman Oaks?
Zillow neighborhood values changed 1.8% year over year and -0.01% month over month.
What is the Neighborhood Momentum Score for Sherman Oaks?
Sherman Oaks has a Neighborhood Momentum Score of 57.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sherman Oaks?
The NDS-derived neighborhood median household income is approximately $108,418.
How affordable is Sherman Oaks relative to household income?
The current Zillow home-value-to-household-income ratio is 15.70. Price-to-income affordability is a major Value Opportunity input.
Is Sherman Oaks primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.9%.
What is the unemployment rate in Sherman Oaks?
The NDS-derived civilian unemployment rate is approximately 9.8%.
How educated are residents of Sherman Oaks?
Approximately 63.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sherman Oaks face high rent burden?
Approximately 56.9% 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 Sherman Oaks?
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 applications1,834
Estimated originations993
Home-purchase applications722
Origination rate54.2%
Home-purchase share39.4%
Average application loan$861,923
Total application loan amount$1,580,704,291
National application rank#53 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.8% YoY; originations 13.9% 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.