Neighborhood Profile

Hughes Acres

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
49.5
National rank: #7,785 of 14,967
Stability and Strength
48.8
Score
Value Opportunity
54.2
Score
Momentum
44.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#7,785 of 14,967
State rank#455 of 746
City rank#37 of 68
County rank#401 of 546
National percentile48.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$483,164
Year-over-year home value change0.9%
Month-over-month home value change-0.26%
Home value to income ratio5.09
Median household income$94,958
Bachelor's degree or higher47.0%
Civilian unemployment rate6.2%
Homeownership rate51.9%
Housing vacancy rate5.4%
Rent burden 30% or higher70.8%

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 Hughes Acres

What is the Best Neighborhoods USA ranking for Hughes Acres?

Hughes Acres is ranked #37 of 68 eligible neighborhoods in Tempe; #455 of 746 eligible neighborhoods in AZ; and #7,785 of 14,967 eligible neighborhoods in the United States.

Is Hughes Acres one of the best neighborhoods in Tempe?

Hughes Acres has a Best Neighborhoods USA Index of 49.5 and a city ranking of #37 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Hughes Acres?

The current Zillow Home Value Index for Hughes Acres is approximately $483,164.

Are home values rising or falling in Hughes Acres?

Zillow neighborhood values changed 0.9% year over year and -0.26% month over month.

What is the Neighborhood Momentum Score for Hughes Acres?

Hughes Acres has a Neighborhood Momentum Score of 44.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hughes Acres?

The NDS-derived neighborhood median household income is approximately $94,958.

How affordable is Hughes Acres relative to household income?

The current Zillow home-value-to-household-income ratio is 5.09. Price-to-income affordability is a major Value Opportunity input.

Is Hughes Acres primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.9%.

What is the unemployment rate in Hughes Acres?

The NDS-derived civilian unemployment rate is approximately 6.2%.

How educated are residents of Hughes Acres?

Approximately 47.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hughes Acres face high rent burden?

Approximately 70.8% 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 Hughes Acres?

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 applications46
Estimated originations26
Home-purchase applications17
Origination rate57.7%
Home-purchase share37.1%
Average application loan$466,556
Total application loan amount$21,234,094
National application rank#7,630 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.7% YoY; originations 6.6% 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.