Neighborhood Profile

New Horizons

Chandler, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
51.6
National rank: #7,063 of 14,967
Stability and Strength
56.9
Score
Value Opportunity
55.5
Score
Momentum
37.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChandler, AZ
CountyMaricopa County
National rank#7,063 of 14,967
State rank#413 of 746
City rank#75 of 102
County rank#368 of 546
National percentile52.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$588,929
Year-over-year home value change0.0%
Month-over-month home value change-0.28%
Home value to income ratio4.99
Median household income$118,094
Bachelor's degree or higher40.3%
Civilian unemployment rate7.2%
Homeownership rate93.9%
Housing vacancy rate5.1%
Rent burden 30% or higher78.7%

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 New Horizons

What is the Best Neighborhoods USA ranking for New Horizons?

New Horizons is ranked #75 of 102 eligible neighborhoods in Chandler; #413 of 746 eligible neighborhoods in AZ; and #7,063 of 14,967 eligible neighborhoods in the United States.

Is New Horizons one of the best neighborhoods in Chandler?

New Horizons has a Best Neighborhoods USA Index of 51.6 and a city ranking of #75 of 102 eligible neighborhoods in Chandler.

How much are homes worth in New Horizons?

The current Zillow Home Value Index for New Horizons is approximately $588,929.

Are home values rising or falling in New Horizons?

Zillow neighborhood values changed 0.0% year over year and -0.28% month over month.

What is the Neighborhood Momentum Score for New Horizons?

New Horizons has a Neighborhood Momentum Score of 37.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in New Horizons?

The NDS-derived neighborhood median household income is approximately $118,094.

How affordable is New Horizons relative to household income?

The current Zillow home-value-to-household-income ratio is 4.99. Price-to-income affordability is a major Value Opportunity input.

Is New Horizons primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.9%.

What is the unemployment rate in New Horizons?

The NDS-derived civilian unemployment rate is approximately 7.2%.

How educated are residents of New Horizons?

Approximately 40.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in New Horizons face high rent burden?

Approximately 78.7% 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 New Horizons?

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 applications21
Estimated originations14
Home-purchase applications6
Origination rate66.6%
Home-purchase share29.7%
Average application loan$243,373
Total application loan amount$5,150,789
National application rank#10,458 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.9% 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.