What is the Best Neighborhoods USA ranking for Fisherman Flats?
Fisherman Flats is ranked #3 of 15 eligible neighborhoods in Monterey; #392 of 1,814 eligible neighborhoods in CA; and #3,926 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Fisherman Flats
Monterey, CA | Monterey County
Scored premium profile
Best Neighborhoods USA Index
60.3
Stability and Strength
65.1
Value Opportunity
47.3
Momentum
70.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Monterey, CA |
| County | Monterey County |
| National rank | #3,926 of 14,967 |
| State rank | #392 of 1,814 |
| City rank | #3 of 15 |
| County rank | #5 of 31 |
| National percentile | 73.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,365,727 |
| Year-over-year home value change | 1.6% |
| Month-over-month home value change | 0.91% |
| Home value to income ratio | 7.49 |
| Median household income | $182,324 |
| Bachelor's degree or higher | 61.6% |
| Civilian unemployment rate | 30.9% |
| Homeownership rate | 88.8% |
| Housing vacancy rate | 6.7% |
| Rent burden 30% or higher | 43.4% |
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 Fisherman Flats
Is Fisherman Flats one of the best neighborhoods in Monterey?
Fisherman Flats has a Best Neighborhoods USA Index of 60.3 and a city ranking of #3 of 15 eligible neighborhoods in Monterey.
How much are homes worth in Fisherman Flats?
The current Zillow Home Value Index for Fisherman Flats is approximately $1,365,727.
Are home values rising or falling in Fisherman Flats?
Zillow neighborhood values changed 1.6% year over year and 0.91% month over month.
What is the Neighborhood Momentum Score for Fisherman Flats?
Fisherman Flats has a Neighborhood Momentum Score of 70.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fisherman Flats?
The NDS-derived neighborhood median household income is approximately $182,324.
How affordable is Fisherman Flats relative to household income?
The current Zillow home-value-to-household-income ratio is 7.49. Price-to-income affordability is a major Value Opportunity input.
Is Fisherman Flats primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 88.8%.
What is the unemployment rate in Fisherman Flats?
The NDS-derived civilian unemployment rate is approximately 30.9%.
How educated are residents of Fisherman Flats?
Approximately 61.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fisherman Flats face high rent burden?
Approximately 43.4% 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 Fisherman Flats?
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 applications1
Estimated originations1
Home-purchase applications0
Origination rate54.5%
Home-purchase share42.0%
Average application loan$773,112
Total application loan amount$757,743
National application rank#14,794 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 40.2% YoY; originations 34.5% 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.