What is the Best Neighborhoods USA ranking for Gatewood Estates?
Gatewood Estates is ranked #70 of 78 eligible neighborhoods in Garland; #1,000 of 1,241 eligible neighborhoods in TX; and #12,339 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Gatewood Estates
Garland, TX | Dallas County
Scored premium profile
Best Neighborhoods USA Index
35.2
Stability and Strength
43.2
Value Opportunity
46.2
Momentum
7.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Garland, TX |
| County | Dallas County |
| National rank | #12,339 of 14,967 |
| State rank | #1,000 of 1,241 |
| City rank | #70 of 78 |
| County rank | #135 of 152 |
| National percentile | 17.6 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $272,969 |
| Year-over-year home value change | -4.7% |
| Month-over-month home value change | -0.74% |
| Home value to income ratio | 4.00 |
| Median household income | $68,194 |
| Bachelor's degree or higher | 13.1% |
| Civilian unemployment rate | 8.3% |
| Homeownership rate | 87.9% |
| Housing vacancy rate | 6.8% |
| Rent burden 30% or higher | 34.7% |
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 Gatewood Estates
Is Gatewood Estates one of the best neighborhoods in Garland?
Gatewood Estates has a Best Neighborhoods USA Index of 35.2 and a city ranking of #70 of 78 eligible neighborhoods in Garland.
How much are homes worth in Gatewood Estates?
The current Zillow Home Value Index for Gatewood Estates is approximately $272,969.
Are home values rising or falling in Gatewood Estates?
Zillow neighborhood values changed -4.7% year over year and -0.74% month over month.
What is the Neighborhood Momentum Score for Gatewood Estates?
Gatewood Estates has a Neighborhood Momentum Score of 7.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Gatewood Estates?
The NDS-derived neighborhood median household income is approximately $68,194.
How affordable is Gatewood Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 4.00. Price-to-income affordability is a major Value Opportunity input.
Is Gatewood Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.9%.
What is the unemployment rate in Gatewood Estates?
The NDS-derived civilian unemployment rate is approximately 8.3%.
How educated are residents of Gatewood Estates?
Approximately 13.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Gatewood Estates face high rent burden?
Approximately 34.7% 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 Gatewood 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
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 applications2
Estimated originations1
Home-purchase applications1
Origination rate50.0%
Home-purchase share47.0%
Average application loan$463,400
Total application loan amount$972,317
National application rank#14,549 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 33.3% YoY; originations 13.6% 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.