Neighborhood Profile

Oakland Forest

Oakland Park, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
39.5
National rank: #11,155 of 14,967
Stability and Strength
44.9
Score
Value Opportunity
59.0
Score
Momentum
3.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOakland Park, FL
CountyBroward County
National rank#11,155 of 14,967
State rank#751 of 1,145
City rank#13 of 24
County rank#88 of 160
National percentile25.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$271,555
Year-over-year home value change-8.3%
Month-over-month home value change-0.57%
Home value to income ratio3.08
Median household income$88,249
Bachelor's degree or higher21.8%
Civilian unemployment rate6.1%
Homeownership rate66.8%
Housing vacancy rate10.4%
Rent burden 30% or higher49.7%

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 Oakland Forest

What is the Best Neighborhoods USA ranking for Oakland Forest?

Oakland Forest is ranked #13 of 24 eligible neighborhoods in Oakland Park; #751 of 1,145 eligible neighborhoods in FL; and #11,155 of 14,967 eligible neighborhoods in the United States.

Is Oakland Forest one of the best neighborhoods in Oakland Park?

Oakland Forest has a Best Neighborhoods USA Index of 39.5 and a city ranking of #13 of 24 eligible neighborhoods in Oakland Park.

How much are homes worth in Oakland Forest?

The current Zillow Home Value Index for Oakland Forest is approximately $271,555.

Are home values rising or falling in Oakland Forest?

Zillow neighborhood values changed -8.3% year over year and -0.57% month over month.

What is the Neighborhood Momentum Score for Oakland Forest?

Oakland Forest has a Neighborhood Momentum Score of 3.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Oakland Forest?

The NDS-derived neighborhood median household income is approximately $88,249.

How affordable is Oakland Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 3.08. Price-to-income affordability is a major Value Opportunity input.

Is Oakland Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 66.8%.

What is the unemployment rate in Oakland Forest?

The NDS-derived civilian unemployment rate is approximately 6.1%.

How educated are residents of Oakland Forest?

Approximately 21.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Oakland Forest face high rent burden?

Approximately 49.7% 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 Oakland Forest?

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 applications76
Estimated originations37
Home-purchase applications45
Origination rate49.2%
Home-purchase share58.8%
Average application loan$176,832
Total application loan amount$13,448,270
National application rank#5,449 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -12.9% YoY; originations -17.4% 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.