| 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 |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $4,748,520 |
| Year-over-year home value change | 8.4% |
| Month-over-month home value change | 1.47% |
| Home value to income ratio | Not available |
| Median household income | Not available |
| Bachelor's degree or higher | 89.0% |
| Civilian unemployment rate | 0.2% |
| Homeownership rate | 71.3% |
| Housing vacancy rate | 1.0% |
| Rent burden 30% or higher | 45.1% |
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.