Neighborhood Profile

Tempe Royal Estates

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
49.7
National rank: #7,738 of 14,967
Stability and Strength
57.1
Score
Value Opportunity
57.8
Score
Momentum
26.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#7,738 of 14,967
State rank#452 of 746
City rank#36 of 68
County rank#398 of 546
National percentile48.3
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$466,489
Year-over-year home value change-1.1%
Month-over-month home value change-0.45%
Home value to income ratio5.06
Median household income$92,158
Bachelor's degree or higher29.3%
Civilian unemployment rate1.9%
Homeownership rate45.4%
Housing vacancy rate4.4%
Rent burden 30% or higher43.7%

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 Royal Estates

What is the Best Neighborhoods USA ranking for Tempe Royal Estates?

Tempe Royal Estates is ranked #36 of 68 eligible neighborhoods in Tempe; #452 of 746 eligible neighborhoods in AZ; and #7,738 of 14,967 eligible neighborhoods in the United States.

Is Tempe Royal Estates one of the best neighborhoods in Tempe?

Tempe Royal Estates has a Best Neighborhoods USA Index of 49.7 and a city ranking of #36 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Tempe Royal Estates?

The current Zillow Home Value Index for Tempe Royal Estates is approximately $466,489.

Are home values rising or falling in Tempe Royal Estates?

Zillow neighborhood values changed -1.1% year over year and -0.45% month over month.

What is the Neighborhood Momentum Score for Tempe Royal Estates?

Tempe Royal Estates has a Neighborhood Momentum Score of 26.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tempe Royal Estates?

The NDS-derived neighborhood median household income is approximately $92,158.

How affordable is Tempe Royal Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 5.06. Price-to-income affordability is a major Value Opportunity input.

Is Tempe Royal Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.4%.

What is the unemployment rate in Tempe Royal Estates?

The NDS-derived civilian unemployment rate is approximately 1.9%.

How educated are residents of Tempe Royal Estates?

Approximately 29.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tempe Royal Estates face high rent burden?

Approximately 43.7% 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 Royal Estates?

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 applications17
Estimated originations12
Home-purchase applications6
Origination rate68.7%
Home-purchase share35.9%
Average application loan$268,949
Total application loan amount$4,524,868
National application rank#11,147 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.7% YoY; originations 46.5% 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.