What is the Best Neighborhoods USA ranking for Oak Creek?
Oak Creek is ranked #19 of 22 eligible neighborhoods in Irvine; #1,322 of 1,814 eligible neighborhoods in CA; and #10,684 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Oak Creek
Irvine, CA | Orange County
Scored premium profile
Best Neighborhoods USA Index
41.1
Stability and Strength
56.1
Value Opportunity
41.0
Momentum
17.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Irvine, CA |
| County | Orange County |
| National rank | #10,684 of 14,967 |
| State rank | #1,322 of 1,814 |
| City rank | #19 of 22 |
| County rank | #83 of 100 |
| National percentile | 28.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,522,303 |
| Year-over-year home value change | -2.5% |
| Month-over-month home value change | -0.46% |
| Home value to income ratio | 16.88 |
| Median household income | $90,162 |
| Bachelor's degree or higher | 74.9% |
| Civilian unemployment rate | 6.0% |
| Homeownership rate | 46.2% |
| Housing vacancy rate | 4.5% |
| Rent burden 30% or higher | 58.0% |
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 Creek
Is Oak Creek one of the best neighborhoods in Irvine?
Oak Creek has a Best Neighborhoods USA Index of 41.1 and a city ranking of #19 of 22 eligible neighborhoods in Irvine.
How much are homes worth in Oak Creek?
The current Zillow Home Value Index for Oak Creek is approximately $1,522,303.
Are home values rising or falling in Oak Creek?
Zillow neighborhood values changed -2.5% year over year and -0.46% month over month.
What is the Neighborhood Momentum Score for Oak Creek?
Oak Creek has a Neighborhood Momentum Score of 17.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Oak Creek?
The NDS-derived neighborhood median household income is approximately $90,162.
How affordable is Oak Creek relative to household income?
The current Zillow home-value-to-household-income ratio is 16.88. Price-to-income affordability is a major Value Opportunity input.
Is Oak Creek primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 46.2%.
What is the unemployment rate in Oak Creek?
The NDS-derived civilian unemployment rate is approximately 6.0%.
How educated are residents of Oak Creek?
Approximately 74.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Oak Creek face high rent burden?
Approximately 58.0% 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 Creek?
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 applications138
Estimated originations80
Home-purchase applications35
Origination rate57.9%
Home-purchase share25.1%
Average application loan$410,455
Total application loan amount$56,695,056
National application rank#3,198 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.5% YoY; originations 28.6% 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.