What is the Best Neighborhoods USA ranking for Centerville?
Centerville is ranked #27 of 27 eligible neighborhoods in Fremont; #1,241 of 1,814 eligible neighborhoods in CA; and #10,043 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Centerville
Fremont, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
43.0
Stability and Strength
57.8
Value Opportunity
48.4
Momentum
11.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fremont, CA |
| County | Alameda County |
| National rank | #10,043 of 14,967 |
| State rank | #1,241 of 1,814 |
| City rank | #27 of 27 |
| County rank | #125 of 202 |
| National percentile | 32.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,221,582 |
| Year-over-year home value change | -3.6% |
| Month-over-month home value change | -0.46% |
| Home value to income ratio | 8.39 |
| Median household income | $145,671 |
| Bachelor's degree or higher | 62.6% |
| Civilian unemployment rate | 7.5% |
| Homeownership rate | 40.9% |
| Housing vacancy rate | 6.5% |
| Rent burden 30% or higher | 51.9% |
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 Centerville
Is Centerville one of the best neighborhoods in Fremont?
Centerville has a Best Neighborhoods USA Index of 43.0 and a city ranking of #27 of 27 eligible neighborhoods in Fremont.
How much are homes worth in Centerville?
The current Zillow Home Value Index for Centerville is approximately $1,221,582.
Are home values rising or falling in Centerville?
Zillow neighborhood values changed -3.6% year over year and -0.46% month over month.
What is the Neighborhood Momentum Score for Centerville?
Centerville has a Neighborhood Momentum Score of 11.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Centerville?
The NDS-derived neighborhood median household income is approximately $145,671.
How affordable is Centerville relative to household income?
The current Zillow home-value-to-household-income ratio is 8.39. Price-to-income affordability is a major Value Opportunity input.
Is Centerville primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.9%.
What is the unemployment rate in Centerville?
The NDS-derived civilian unemployment rate is approximately 7.5%.
How educated are residents of Centerville?
Approximately 62.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Centerville face high rent burden?
Approximately 51.9% 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 Centerville?
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 applications340
Estimated originations178
Home-purchase applications180
Origination rate52.5%
Home-purchase share52.9%
Average application loan$765,100
Total application loan amount$259,912,291
National application rank#981 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 48.0% YoY; originations 43.1% 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.