What is the Best Neighborhoods USA ranking for Bay Farm Island?
Bay Farm Island is ranked #4 of 13 eligible neighborhoods in Alameda; #326 of 1,814 eligible neighborhoods in CA; and #3,432 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bay Farm Island
Alameda, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
61.8
Stability and Strength
85.1
Value Opportunity
65.9
Momentum
19.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Alameda, CA |
| County | Alameda County |
| National rank | #3,432 of 14,967 |
| State rank | #326 of 1,814 |
| City rank | #4 of 13 |
| County rank | #38 of 202 |
| National percentile | 77.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $993,560 |
| Year-over-year home value change | -3.3% |
| Month-over-month home value change | -0.14% |
| Home value to income ratio | 5.96 |
| Median household income | $166,780 |
| Bachelor's degree or higher | 72.1% |
| Civilian unemployment rate | 2.9% |
| Homeownership rate | 87.8% |
| Housing vacancy rate | 4.5% |
| Rent burden 30% or higher | 0.1% |
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 Bay Farm Island
Is Bay Farm Island one of the best neighborhoods in Alameda?
Bay Farm Island has a Best Neighborhoods USA Index of 61.8 and a city ranking of #4 of 13 eligible neighborhoods in Alameda.
How much are homes worth in Bay Farm Island?
The current Zillow Home Value Index for Bay Farm Island is approximately $993,560.
Are home values rising or falling in Bay Farm Island?
Zillow neighborhood values changed -3.3% year over year and -0.14% month over month.
What is the Neighborhood Momentum Score for Bay Farm Island?
Bay Farm Island has a Neighborhood Momentum Score of 19.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bay Farm Island?
The NDS-derived neighborhood median household income is approximately $166,780.
How affordable is Bay Farm Island relative to household income?
The current Zillow home-value-to-household-income ratio is 5.96. Price-to-income affordability is a major Value Opportunity input.
Is Bay Farm Island primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.8%.
What is the unemployment rate in Bay Farm Island?
The NDS-derived civilian unemployment rate is approximately 2.9%.
How educated are residents of Bay Farm Island?
Approximately 72.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bay Farm Island face high rent burden?
Approximately 0.1% 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 Bay Farm Island?
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 applications71
Estimated originations50
Home-purchase applications32
Origination rate70.7%
Home-purchase share44.5%
Average application loan$530,190
Total application loan amount$37,645,204
National application rank#5,752 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.1% YoY; originations 18.0% 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.