What is the Best Neighborhoods USA ranking for Southgate?
Southgate is ranked No published Palo Alto rank is currently available; No published CA rank is currently available; and No published the United States rank is currently available.
Neighborhood Profile
Southgate
Palo Alto, CA | Santa Clara County
Scored premium profile
Best Neighborhoods USA Index
Not available
Stability and Strength
Not available
Value Opportunity
Not available
Momentum
98.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Palo Alto, CA |
| County | Santa Clara County |
| National rank | Not available |
| State rank | Not available |
| City rank | Not available |
| County rank | Not available |
| National percentile | Not available |
| National band | Not available |
Neighborhood Expert Opportunity
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $3,963,161 |
| Year-over-year home value change | 10.4% |
| Month-over-month home value change | 1.45% |
| Home value to income ratio | Not available |
| Median household income | Not available |
| Bachelor's degree or higher | 88.6% |
| Civilian unemployment rate | 0.5% |
| Homeownership rate | 78.6% |
| Housing vacancy rate | 23.2% |
| Rent burden 30% or higher | 4.1% |
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 Southgate
Is Southgate one of the best neighborhoods in Palo Alto?
Southgate has a Best Neighborhoods USA Index of Not available and a city ranking of No published Palo Alto rank is currently available.
How much are homes worth in Southgate?
The current Zillow Home Value Index for Southgate is approximately $3,963,161.
Are home values rising or falling in Southgate?
Zillow neighborhood values changed 10.4% year over year and 1.45% month over month.
What is the Neighborhood Momentum Score for Southgate?
Southgate has a Neighborhood Momentum Score of 98.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Southgate?
The NDS-derived neighborhood median household income is approximately Not available.
How affordable is Southgate relative to household income?
The current Zillow home-value-to-household-income ratio is Not available. Price-to-income affordability is a major Value Opportunity input.
Is Southgate primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 78.6%.
What is the unemployment rate in Southgate?
The NDS-derived civilian unemployment rate is approximately 0.5%.
How educated are residents of Southgate?
Approximately 88.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Southgate face high rent burden?
Approximately 4.1% 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 Southgate?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
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 applications8
Estimated originations5
Home-purchase applications4
Origination rate63.7%
Home-purchase share58.2%
Average application loan$970,460
Total application loan amount$7,388,387
National application rank#13,056 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.3% YoY; originations 29.7% 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.