Neighborhood Profile

Central City

Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
32.6
National rank: #12,939 of 14,967
Stability and Strength
19.5
Score
Value Opportunity
18.6
Score
Momentum
73.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLos Angeles, CA
CountyLos Angeles County
National rank#12,939 of 14,967
State rank#1,606 of 1,814
City rank#67 of 94
County rank#279 of 321
National percentile13.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$653,362
Year-over-year home value change3.2%
Month-over-month home value change0.26%
Home value to income ratio12.45
Median household income$52,464
Bachelor's degree or higher8.5%
Civilian unemployment rate10.9%
Homeownership rate21.1%
Housing vacancy rate4.4%
Rent burden 30% or higher63.5%

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 Central City

What is the Best Neighborhoods USA ranking for Central City?

Central City is ranked #67 of 94 eligible neighborhoods in Los Angeles; #1,606 of 1,814 eligible neighborhoods in CA; and #12,939 of 14,967 eligible neighborhoods in the United States.

Is Central City one of the best neighborhoods in Los Angeles?

Central City has a Best Neighborhoods USA Index of 32.6 and a city ranking of #67 of 94 eligible neighborhoods in Los Angeles.

How much are homes worth in Central City?

The current Zillow Home Value Index for Central City is approximately $653,362.

Are home values rising or falling in Central City?

Zillow neighborhood values changed 3.2% year over year and 0.26% month over month.

What is the Neighborhood Momentum Score for Central City?

Central City has a Neighborhood Momentum Score of 73.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Central City?

The NDS-derived neighborhood median household income is approximately $52,464.

How affordable is Central City relative to household income?

The current Zillow home-value-to-household-income ratio is 12.45. Price-to-income affordability is a major Value Opportunity input.

Is Central City primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 21.1%.

What is the unemployment rate in Central City?

The NDS-derived civilian unemployment rate is approximately 10.9%.

How educated are residents of Central City?

Approximately 8.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Central City face high rent burden?

Approximately 63.5% 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 Central City?

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 applications306
Estimated originations130
Home-purchase applications108
Origination rate42.5%
Home-purchase share35.2%
Average application loan$507,306
Total application loan amount$155,401,571
National application rank#1,151 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.1% YoY; originations 8.8% 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.