Neighborhood Profile

Alta Mira

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
71.7
National rank: #1,063 of 14,967
Stability and Strength
79.5
Score
Value Opportunity
87.5
Score
Momentum
37.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#1,063 of 14,967
State rank#45 of 746
City rank#12 of 68
County rank#45 of 546
National percentile92.9
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$649,917
Year-over-year home value change0.0%
Month-over-month home value change-0.29%
Home value to income ratio2.99
Median household income$217,587
Bachelor's degree or higher80.3%
Civilian unemployment rate4.1%
Homeownership rate96.2%
Housing vacancy rate0.0%
Rent burden 30% or higher91.4%

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 Alta Mira

What is the Best Neighborhoods USA ranking for Alta Mira?

Alta Mira is ranked #12 of 68 eligible neighborhoods in Tempe; #45 of 746 eligible neighborhoods in AZ; and #1,063 of 14,967 eligible neighborhoods in the United States.

Is Alta Mira one of the best neighborhoods in Tempe?

Alta Mira has a Best Neighborhoods USA Index of 71.7 and a city ranking of #12 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Alta Mira?

The current Zillow Home Value Index for Alta Mira is approximately $649,917.

Are home values rising or falling in Alta Mira?

Zillow neighborhood values changed 0.0% year over year and -0.29% month over month.

What is the Neighborhood Momentum Score for Alta Mira?

Alta Mira has a Neighborhood Momentum Score of 37.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Alta Mira?

The NDS-derived neighborhood median household income is approximately $217,587.

How affordable is Alta Mira relative to household income?

The current Zillow home-value-to-household-income ratio is 2.99. Price-to-income affordability is a major Value Opportunity input.

Is Alta Mira primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 96.2%.

What is the unemployment rate in Alta Mira?

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

How educated are residents of Alta Mira?

Approximately 80.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Alta Mira face high rent burden?

Approximately 91.4% 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 Alta Mira?

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 applications23
Estimated originations15
Home-purchase applications8
Origination rate64.2%
Home-purchase share35.8%
Average application loan$414,103
Total application loan amount$9,452,357
National application rank#10,209 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.6% YoY; originations 34.8% 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.