Neighborhood Profile

Raintree

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
75.8
National rank: #544 of 14,967
Stability and Strength
88.3
Score
Value Opportunity
71.1
Score
Momentum
62.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#544 of 14,967
State rank#20 of 746
City rank#7 of 68
County rank#20 of 546
National percentile96.4
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,047,912
Year-over-year home value change2.1%
Month-over-month home value change0.12%
Home value to income ratio5.24
Median household income$200,049
Bachelor's degree or higher79.6%
Civilian unemployment rate2.7%
Homeownership rate93.5%
Housing vacancy rate4.7%
Rent burden 30% or higher0.3%

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 Raintree

What is the Best Neighborhoods USA ranking for Raintree?

Raintree is ranked #7 of 68 eligible neighborhoods in Tempe; #20 of 746 eligible neighborhoods in AZ; and #544 of 14,967 eligible neighborhoods in the United States.

Is Raintree one of the best neighborhoods in Tempe?

Raintree has a Best Neighborhoods USA Index of 75.8 and a city ranking of #7 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Raintree?

The current Zillow Home Value Index for Raintree is approximately $1,047,912.

Are home values rising or falling in Raintree?

Zillow neighborhood values changed 2.1% year over year and 0.12% month over month.

What is the Neighborhood Momentum Score for Raintree?

Raintree has a Neighborhood Momentum Score of 62.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Raintree?

The NDS-derived neighborhood median household income is approximately $200,049.

How affordable is Raintree relative to household income?

The current Zillow home-value-to-household-income ratio is 5.24. Price-to-income affordability is a major Value Opportunity input.

Is Raintree primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.5%.

What is the unemployment rate in Raintree?

The NDS-derived civilian unemployment rate is approximately 2.7%.

How educated are residents of Raintree?

Approximately 79.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Raintree face high rent burden?

Approximately 0.3% 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 Raintree?

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 applications9
Estimated originations5
Home-purchase applications4
Origination rate60.1%
Home-purchase share41.2%
Average application loan$411,907
Total application loan amount$3,585,384
National application rank#12,824 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 51.8% YoY; originations 61.9% 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.