What is the Best Neighborhoods USA ranking for Wood Park?
Wood Park is ranked #45 of 68 eligible neighborhoods in Tempe; #509 of 746 eligible neighborhoods in AZ; and #9,409 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Wood Park
Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
44.9
Stability and Strength
50.2
Value Opportunity
56.5
Momentum
20.2
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 | #9,409 of 14,967 |
| State rank | #509 of 746 |
| City rank | #45 of 68 |
| County rank | #436 of 546 |
| National percentile | 37.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $369,266 |
| Year-over-year home value change | -4.0% |
| Month-over-month home value change | -0.01% |
| Home value to income ratio | 5.00 |
| Median household income | $73,911 |
| Bachelor's degree or higher | 32.5% |
| Civilian unemployment rate | 1.3% |
| Homeownership rate | 34.0% |
| Housing vacancy rate | 4.2% |
| Rent burden 30% or higher | 56.3% |
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 Wood Park
Is Wood Park one of the best neighborhoods in Tempe?
Wood Park has a Best Neighborhoods USA Index of 44.9 and a city ranking of #45 of 68 eligible neighborhoods in Tempe.
How much are homes worth in Wood Park?
The current Zillow Home Value Index for Wood Park is approximately $369,266.
Are home values rising or falling in Wood Park?
Zillow neighborhood values changed -4.0% year over year and -0.01% month over month.
What is the Neighborhood Momentum Score for Wood Park?
Wood Park has a Neighborhood Momentum Score of 20.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Wood Park?
The NDS-derived neighborhood median household income is approximately $73,911.
How affordable is Wood Park relative to household income?
The current Zillow home-value-to-household-income ratio is 5.00. Price-to-income affordability is a major Value Opportunity input.
Is Wood Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 34.0%.
What is the unemployment rate in Wood Park?
The NDS-derived civilian unemployment rate is approximately 1.3%.
How educated are residents of Wood Park?
Approximately 32.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Wood Park face high rent burden?
Approximately 56.3% 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 Wood 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 applications25
Estimated originations12
Home-purchase applications9
Origination rate49.2%
Home-purchase share38.1%
Average application loan$229,322
Total application loan amount$5,688,059
National application rank#9,944 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.4% YoY; originations -4.9% 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.