Neighborhood Profile

North Gateway

Phoenix, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
55.2
National rank: #5,670 of 14,967
Stability and Strength
67.8
Score
Value Opportunity
63.7
Score
Momentum
23.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPhoenix, AZ
CountyMaricopa County
National rank#5,670 of 14,967
State rank#327 of 746
City rank#4 of 14
County rank#300 of 546
National percentile62.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$641,225
Year-over-year home value change-1.9%
Month-over-month home value change-0.28%
Home value to income ratio4.77
Median household income$134,501
Bachelor's degree or higher47.9%
Civilian unemployment rate3.7%
Homeownership rate64.6%
Housing vacancy rate6.8%
Rent burden 30% or higher38.3%

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 North Gateway

What is the Best Neighborhoods USA ranking for North Gateway?

North Gateway is ranked #4 of 14 eligible neighborhoods in Phoenix; #327 of 746 eligible neighborhoods in AZ; and #5,670 of 14,967 eligible neighborhoods in the United States.

Is North Gateway one of the best neighborhoods in Phoenix?

North Gateway has a Best Neighborhoods USA Index of 55.2 and a city ranking of #4 of 14 eligible neighborhoods in Phoenix.

How much are homes worth in North Gateway?

The current Zillow Home Value Index for North Gateway is approximately $641,225.

Are home values rising or falling in North Gateway?

Zillow neighborhood values changed -1.9% year over year and -0.28% month over month.

What is the Neighborhood Momentum Score for North Gateway?

North Gateway has a Neighborhood Momentum Score of 23.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North Gateway?

The NDS-derived neighborhood median household income is approximately $134,501.

How affordable is North Gateway relative to household income?

The current Zillow home-value-to-household-income ratio is 4.77. Price-to-income affordability is a major Value Opportunity input.

Is North Gateway primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.6%.

What is the unemployment rate in North Gateway?

The NDS-derived civilian unemployment rate is approximately 3.7%.

How educated are residents of North Gateway?

Approximately 47.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North Gateway face high rent burden?

Approximately 38.3% 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 North Gateway?

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 applications968
Estimated originations664
Home-purchase applications527
Origination rate68.6%
Home-purchase share54.5%
Average application loan$398,272
Total application loan amount$385,605,055
National application rank#188 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.2% YoY; originations 26.1% 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.