Neighborhood Profile

Tempe Gardens

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
50.1
National rank: #7,551 of 14,967
Stability and Strength
57.5
Score
Value Opportunity
46.7
Score
Momentum
43.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#7,551 of 14,967
State rank#444 of 746
City rank#34 of 68
County rank#392 of 546
National percentile49.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$465,568
Year-over-year home value change-0.6%
Month-over-month home value change0.12%
Home value to income ratio6.63
Median household income$70,178
Bachelor's degree or higher49.4%
Civilian unemployment rate3.6%
Homeownership rate72.7%
Housing vacancy rate5.9%
Rent burden 30% or higher48.9%

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 Tempe Gardens

What is the Best Neighborhoods USA ranking for Tempe Gardens?

Tempe Gardens is ranked #34 of 68 eligible neighborhoods in Tempe; #444 of 746 eligible neighborhoods in AZ; and #7,551 of 14,967 eligible neighborhoods in the United States.

Is Tempe Gardens one of the best neighborhoods in Tempe?

Tempe Gardens has a Best Neighborhoods USA Index of 50.1 and a city ranking of #34 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Tempe Gardens?

The current Zillow Home Value Index for Tempe Gardens is approximately $465,568.

Are home values rising or falling in Tempe Gardens?

Zillow neighborhood values changed -0.6% year over year and 0.12% month over month.

What is the Neighborhood Momentum Score for Tempe Gardens?

Tempe Gardens has a Neighborhood Momentum Score of 43.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tempe Gardens?

The NDS-derived neighborhood median household income is approximately $70,178.

How affordable is Tempe Gardens relative to household income?

The current Zillow home-value-to-household-income ratio is 6.63. Price-to-income affordability is a major Value Opportunity input.

Is Tempe Gardens primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 72.7%.

What is the unemployment rate in Tempe Gardens?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Tempe Gardens?

Approximately 49.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tempe Gardens face high rent burden?

Approximately 48.9% 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 Tempe Gardens?

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 applications27
Estimated originations15
Home-purchase applications11
Origination rate53.7%
Home-purchase share38.9%
Average application loan$257,407
Total application loan amount$6,968,132
National application rank#9,631 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -19.4% YoY; originations -17.1% 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.