What is the Best Neighborhoods USA ranking for Meyer Park?
Meyer Park is ranked #39 of 68 eligible neighborhoods in Tempe; #467 of 746 eligible neighborhoods in AZ; and #7,976 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Meyer Park
Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
49.0
Stability and Strength
55.3
Value Opportunity
60.9
Momentum
22.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Tempe, AZ |
| County | Maricopa County |
| National rank | #7,976 of 14,967 |
| State rank | #467 of 746 |
| City rank | #39 of 68 |
| County rank | #409 of 546 |
| National percentile | 46.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $432,402 |
| Year-over-year home value change | -2.0% |
| Month-over-month home value change | -0.29% |
| Home value to income ratio | 4.11 |
| Median household income | $105,179 |
| Bachelor's degree or higher | 40.9% |
| Civilian unemployment rate | 5.2% |
| Homeownership rate | 51.7% |
| Housing vacancy rate | 7.6% |
| Rent burden 30% or higher | 40.4% |
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 Meyer Park
Is Meyer Park one of the best neighborhoods in Tempe?
Meyer Park has a Best Neighborhoods USA Index of 49.0 and a city ranking of #39 of 68 eligible neighborhoods in Tempe.
How much are homes worth in Meyer Park?
The current Zillow Home Value Index for Meyer Park is approximately $432,402.
Are home values rising or falling in Meyer Park?
Zillow neighborhood values changed -2.0% year over year and -0.29% month over month.
What is the Neighborhood Momentum Score for Meyer Park?
Meyer Park has a Neighborhood Momentum Score of 22.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Meyer Park?
The NDS-derived neighborhood median household income is approximately $105,179.
How affordable is Meyer Park relative to household income?
The current Zillow home-value-to-household-income ratio is 4.11. Price-to-income affordability is a major Value Opportunity input.
Is Meyer Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 51.7%.
What is the unemployment rate in Meyer Park?
The NDS-derived civilian unemployment rate is approximately 5.2%.
How educated are residents of Meyer Park?
Approximately 40.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Meyer Park face high rent burden?
Approximately 40.4% 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 Meyer Park?
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 applications77
Estimated originations44
Home-purchase applications28
Origination rate57.7%
Home-purchase share37.1%
Average application loan$466,267
Total application loan amount$35,725,092
National application rank#5,419 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.