What is the Best Neighborhoods USA ranking for Mitchell Park East?
Mitchell Park East is ranked #67 of 68 eligible neighborhoods in Tempe; #704 of 746 eligible neighborhoods in AZ; and #13,982 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Mitchell Park East
Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
26.7
Stability and Strength
32.4
Value Opportunity
30.6
Momentum
12.4
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 | #13,982 of 14,967 |
| State rank | #704 of 746 |
| City rank | #67 of 68 |
| County rank | #538 of 546 |
| National percentile | 6.6 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $478,648 |
| Year-over-year home value change | -3.3% |
| Month-over-month home value change | -0.55% |
| Home value to income ratio | 7.05 |
| Median household income | $67,848 |
| Bachelor's degree or higher | 51.1% |
| Civilian unemployment rate | 23.2% |
| Homeownership rate | 27.7% |
| Housing vacancy rate | 34.7% |
| Rent burden 30% or higher | 42.0% |
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 Mitchell Park East
Is Mitchell Park East one of the best neighborhoods in Tempe?
Mitchell Park East has a Best Neighborhoods USA Index of 26.7 and a city ranking of #67 of 68 eligible neighborhoods in Tempe.
How much are homes worth in Mitchell Park East?
The current Zillow Home Value Index for Mitchell Park East is approximately $478,648.
Are home values rising or falling in Mitchell Park East?
Zillow neighborhood values changed -3.3% year over year and -0.55% month over month.
What is the Neighborhood Momentum Score for Mitchell Park East?
Mitchell Park East has a Neighborhood Momentum Score of 12.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Mitchell Park East?
The NDS-derived neighborhood median household income is approximately $67,848.
How affordable is Mitchell Park East relative to household income?
The current Zillow home-value-to-household-income ratio is 7.05. Price-to-income affordability is a major Value Opportunity input.
Is Mitchell Park East primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 27.7%.
What is the unemployment rate in Mitchell Park East?
The NDS-derived civilian unemployment rate is approximately 23.2%.
How educated are residents of Mitchell Park East?
Approximately 51.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Mitchell Park East face high rent burden?
Approximately 42.0% 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 Mitchell Park East?
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 applications15
Estimated originations8
Home-purchase applications7
Origination rate53.5%
Home-purchase share45.1%
Average application loan$297,603
Total application loan amount$4,511,632
National application rank#11,442 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.1% YoY; originations -10.6% 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.