Neighborhood Profile

Cielito

Santa Barbara, CA | Santa Barbara County
Scored premium profile
Best Neighborhoods USA Index
59.6
National rank: #4,150 of 14,967
Stability and Strength
60.8
Score
Value Opportunity
36.9
Score
Momentum
89.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSanta Barbara, CA
CountySanta Barbara County
National rank#4,150 of 14,967
State rank#427 of 1,814
City rank#9 of 28
County rank#9 of 28
National percentile72.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$3,183,592
Year-over-year home value change6.3%
Month-over-month home value change0.53%
Home value to income ratio37.55
Median household income$84,783
Bachelor's degree or higher79.2%
Civilian unemployment rate4.1%
Homeownership rate86.3%
Housing vacancy rate15.5%
Rent burden 30% or higher67.7%

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 Cielito

What is the Best Neighborhoods USA ranking for Cielito?

Cielito is ranked #9 of 28 eligible neighborhoods in Santa Barbara; #427 of 1,814 eligible neighborhoods in CA; and #4,150 of 14,967 eligible neighborhoods in the United States.

Is Cielito one of the best neighborhoods in Santa Barbara?

Cielito has a Best Neighborhoods USA Index of 59.6 and a city ranking of #9 of 28 eligible neighborhoods in Santa Barbara.

How much are homes worth in Cielito?

The current Zillow Home Value Index for Cielito is approximately $3,183,592.

Are home values rising or falling in Cielito?

Zillow neighborhood values changed 6.3% year over year and 0.53% month over month.

What is the Neighborhood Momentum Score for Cielito?

Cielito has a Neighborhood Momentum Score of 89.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cielito?

The NDS-derived neighborhood median household income is approximately $84,783.

How affordable is Cielito relative to household income?

The current Zillow home-value-to-household-income ratio is 37.55. Price-to-income affordability is a major Value Opportunity input.

Is Cielito primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 86.3%.

What is the unemployment rate in Cielito?

The NDS-derived civilian unemployment rate is approximately 4.1%.

How educated are residents of Cielito?

Approximately 79.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cielito face high rent burden?

Approximately 67.7% 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 Cielito?

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

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 applications52
Estimated originations27
Home-purchase applications16
Origination rate52.4%
Home-purchase share29.9%
Average application loan$1,095,436
Total application loan amount$57,444,761
National application rank#7,051 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.2% YoY; originations 23.9% 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.