What is the Best Neighborhoods USA ranking for Old Oakland?
Old Oakland is ranked #10 of 36 eligible neighborhoods in Lansing; #132 of 334 eligible neighborhoods in MI; and #5,446 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old Oakland
Lansing, MI | Ingham County
Scored premium profile
Best Neighborhoods USA Index
55.9
Stability and Strength
40.5
Value Opportunity
56.1
Momentum
80.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Lansing, MI |
| County | Ingham County |
| National rank | #5,446 of 14,967 |
| State rank | #132 of 334 |
| City rank | #10 of 36 |
| County rank | #16 of 47 |
| National percentile | 63.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $120,795 |
| Year-over-year home value change | 3.2% |
| Month-over-month home value change | 0.82% |
| Home value to income ratio | 2.60 |
| Median household income | $46,405 |
| Bachelor's degree or higher | 14.9% |
| Civilian unemployment rate | 5.1% |
| Homeownership rate | 66.8% |
| Housing vacancy rate | 5.1% |
| Rent burden 30% or higher | 29.7% |
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 Old Oakland
Is Old Oakland one of the best neighborhoods in Lansing?
Old Oakland has a Best Neighborhoods USA Index of 55.9 and a city ranking of #10 of 36 eligible neighborhoods in Lansing.
How much are homes worth in Old Oakland?
The current Zillow Home Value Index for Old Oakland is approximately $120,795.
Are home values rising or falling in Old Oakland?
Zillow neighborhood values changed 3.2% year over year and 0.82% month over month.
What is the Neighborhood Momentum Score for Old Oakland?
Old Oakland has a Neighborhood Momentum Score of 80.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old Oakland?
The NDS-derived neighborhood median household income is approximately $46,405.
How affordable is Old Oakland relative to household income?
The current Zillow home-value-to-household-income ratio is 2.60. Price-to-income affordability is a major Value Opportunity input.
Is Old Oakland primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.8%.
What is the unemployment rate in Old Oakland?
The NDS-derived civilian unemployment rate is approximately 5.1%.
How educated are residents of Old Oakland?
Approximately 14.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old Oakland face high rent burden?
Approximately 29.7% 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 Old Oakland?
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 applications43
Estimated originations26
Home-purchase applications22
Origination rate60.2%
Home-purchase share51.6%
Average application loan$105,459
Total application loan amount$4,523,177
National application rankNot rankable
Geometry coverage74.1%
Recent trend: Applications -8.4% YoY; originations -10.4% 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.