Neighborhood Profile

Carelton Tract

Sacramento, CA | Sacramento County
Scored premium profile
Best Neighborhoods USA Index
15.8
National rank: #14,842 of 14,967
Stability and Strength
22.2
Score
Value Opportunity
11.4
Score
Momentum
11.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSacramento, CA
CountySacramento County
National rank#14,842 of 14,967
State rank#1,808 of 1,814
City rank#101 of 101
County rank#144 of 144
National percentile0.8
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$468,818
Year-over-year home value change-6.0%
Month-over-month home value change-0.17%
Home value to income ratio28.03
Median household income$16,728
Bachelor's degree or higher31.0%
Civilian unemployment rate19.2%
Homeownership rate56.1%
Housing vacancy rate9.8%
Rent burden 30% or higher58.9%

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 Carelton Tract

What is the Best Neighborhoods USA ranking for Carelton Tract?

Carelton Tract is ranked #101 of 101 eligible neighborhoods in Sacramento; #1,808 of 1,814 eligible neighborhoods in CA; and #14,842 of 14,967 eligible neighborhoods in the United States.

Is Carelton Tract one of the best neighborhoods in Sacramento?

Carelton Tract has a Best Neighborhoods USA Index of 15.8 and a city ranking of #101 of 101 eligible neighborhoods in Sacramento.

How much are homes worth in Carelton Tract?

The current Zillow Home Value Index for Carelton Tract is approximately $468,818.

Are home values rising or falling in Carelton Tract?

Zillow neighborhood values changed -6.0% year over year and -0.17% month over month.

What is the Neighborhood Momentum Score for Carelton Tract?

Carelton Tract has a Neighborhood Momentum Score of 11.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Carelton Tract?

The NDS-derived neighborhood median household income is approximately $16,728.

How affordable is Carelton Tract relative to household income?

The current Zillow home-value-to-household-income ratio is 28.03. Price-to-income affordability is a major Value Opportunity input.

Is Carelton Tract primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.1%.

What is the unemployment rate in Carelton Tract?

The NDS-derived civilian unemployment rate is approximately 19.2%.

How educated are residents of Carelton Tract?

Approximately 31.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Carelton Tract face high rent burden?

Approximately 58.9% 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 Carelton Tract?

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 applications29
Estimated originations18
Home-purchase applications12
Origination rate63.0%
Home-purchase share39.7%
Average application loan$287,768
Total application loan amount$8,389,439
National application rank#9,353 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.1% YoY; originations -6.0% 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.