What is the Best Neighborhoods USA ranking for Balboa Heights?
Balboa Heights is ranked #143 of 146 eligible neighborhoods in Tucson; #743 of 746 eligible neighborhoods in AZ; and #14,838 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Balboa Heights
Tucson, AZ | Pima County
Scored premium profile
Best Neighborhoods USA Index
15.8
Stability and Strength
20.8
Value Opportunity
14.6
Momentum
9.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Tucson, AZ |
| County | Pima County |
| National rank | #14,838 of 14,967 |
| State rank | #743 of 746 |
| City rank | #143 of 146 |
| County rank | #143 of 146 |
| National percentile | 0.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $224,313 |
| Year-over-year home value change | -4.7% |
| Month-over-month home value change | -0.38% |
| Home value to income ratio | 43.77 |
| Median household income | $5,125 |
| Bachelor's degree or higher | 25.0% |
| Civilian unemployment rate | 4.1% |
| Homeownership rate | 33.6% |
| Housing vacancy rate | 23.9% |
| Rent burden 30% or higher | 84.5% |
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 Balboa Heights
Is Balboa Heights one of the best neighborhoods in Tucson?
Balboa Heights has a Best Neighborhoods USA Index of 15.8 and a city ranking of #143 of 146 eligible neighborhoods in Tucson.
How much are homes worth in Balboa Heights?
The current Zillow Home Value Index for Balboa Heights is approximately $224,313.
Are home values rising or falling in Balboa Heights?
Zillow neighborhood values changed -4.7% year over year and -0.38% month over month.
What is the Neighborhood Momentum Score for Balboa Heights?
Balboa Heights has a Neighborhood Momentum Score of 9.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Balboa Heights?
The NDS-derived neighborhood median household income is approximately $5,125.
How affordable is Balboa Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 43.77. Price-to-income affordability is a major Value Opportunity input.
Is Balboa Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 33.6%.
What is the unemployment rate in Balboa Heights?
The NDS-derived civilian unemployment rate is approximately 4.1%.
How educated are residents of Balboa Heights?
Approximately 25.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Balboa Heights face high rent burden?
Approximately 84.5% 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 Balboa Heights?
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 applications21
Estimated originations9
Home-purchase applications7
Origination rate42.5%
Home-purchase share32.9%
Average application loan$189,701
Total application loan amount$3,933,314
National application rank#10,520 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.9% YoY; originations -18.3% 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.