Neighborhood Profile

Community Center

Palo Alto, CA | Santa Clara County
Scored premium profile
Best Neighborhoods USA Index
Not available
National rank: Not available
Stability and Strength
Not available
Score
Value Opportunity
Not available
Score
Momentum
96.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalo Alto, CA
CountySanta Clara County
National rankNot available
State rankNot available
City rankNot available
County rankNot available
National percentileNot available
National bandNot available
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$4,748,520
Year-over-year home value change8.4%
Month-over-month home value change1.47%
Home value to income ratioNot available
Median household incomeNot available
Bachelor's degree or higher89.0%
Civilian unemployment rate0.2%
Homeownership rate71.3%
Housing vacancy rate1.0%
Rent burden 30% or higher45.1%

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 Community Center

What is the Best Neighborhoods USA ranking for Community Center?

Community Center 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.

Is Community Center one of the best neighborhoods in Palo Alto?

Community Center 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 Community Center?

The current Zillow Home Value Index for Community Center is approximately $4,748,520.

Are home values rising or falling in Community Center?

Zillow neighborhood values changed 8.4% year over year and 1.47% month over month.

What is the Neighborhood Momentum Score for Community Center?

Community Center has a Neighborhood Momentum Score of 96.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Community Center?

The NDS-derived neighborhood median household income is approximately Not available.

How affordable is Community Center 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 Community Center primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 71.3%.

What is the unemployment rate in Community Center?

The NDS-derived civilian unemployment rate is approximately 0.2%.

How educated are residents of Community Center?

Approximately 89.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Community Center face high rent burden?

Approximately 45.1% 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 Community Center?

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

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 applications23
Estimated originations13
Home-purchase applications7
Origination rate58.4%
Home-purchase share32.6%
Average application loan$1,753,804
Total application loan amount$40,209,841
National application rank#10,185 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.0% YoY; originations -10.3% 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.