What is the Best Neighborhoods USA ranking for Lower State?
Lower State is ranked #22 of 28 eligible neighborhoods in Santa Barbara; #1,101 of 1,814 eligible neighborhoods in CA; and #9,024 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lower State
Santa Barbara, CA | Santa Barbara County
Scored premium profile
Best Neighborhoods USA Index
46.1
Stability and Strength
38.1
Value Opportunity
28.1
Momentum
84.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Santa Barbara, CA |
| County | Santa Barbara County |
| National rank | #9,024 of 14,967 |
| State rank | #1,101 of 1,814 |
| City rank | #22 of 28 |
| County rank | #22 of 28 |
| National percentile | 39.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,974,658 |
| Year-over-year home value change | 8.1% |
| Month-over-month home value change | 0.13% |
| Home value to income ratio | 28.69 |
| Median household income | $68,821 |
| Bachelor's degree or higher | 46.6% |
| Civilian unemployment rate | 5.5% |
| Homeownership rate | 28.6% |
| Housing vacancy rate | 10.1% |
| Rent burden 30% or higher | 63.1% |
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 Lower State
Is Lower State one of the best neighborhoods in Santa Barbara?
Lower State has a Best Neighborhoods USA Index of 46.1 and a city ranking of #22 of 28 eligible neighborhoods in Santa Barbara.
How much are homes worth in Lower State?
The current Zillow Home Value Index for Lower State is approximately $1,974,658.
Are home values rising or falling in Lower State?
Zillow neighborhood values changed 8.1% year over year and 0.13% month over month.
What is the Neighborhood Momentum Score for Lower State?
Lower State has a Neighborhood Momentum Score of 84.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lower State?
The NDS-derived neighborhood median household income is approximately $68,821.
How affordable is Lower State relative to household income?
The current Zillow home-value-to-household-income ratio is 28.69. Price-to-income affordability is a major Value Opportunity input.
Is Lower State primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 28.6%.
What is the unemployment rate in Lower State?
The NDS-derived civilian unemployment rate is approximately 5.5%.
How educated are residents of Lower State?
Approximately 46.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lower State face high rent burden?
Approximately 63.1% 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 Lower State?
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 applications10
Estimated originations6
Home-purchase applications4
Origination rate66.7%
Home-purchase share43.4%
Average application loan$692,703
Total application loan amount$6,709,202
National application rank#12,576 of 14,874 rankable neighborhoods
Geometry coverage95.6%
Recent trend: Applications 8.7% YoY; originations 33.9% 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.