What is the Best Neighborhoods USA ranking for Optimist Park SW?
Optimist Park SW is ranked #16 of 68 eligible neighborhoods in Tempe; #98 of 746 eligible neighborhoods in AZ; and #2,117 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Optimist Park SW
Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
66.5
Stability and Strength
73.8
Value Opportunity
68.0
Momentum
52.8
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 | #2,117 of 14,967 |
| State rank | #98 of 746 |
| City rank | #16 of 68 |
| County rank | #96 of 546 |
| National percentile | 85.9 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $523,908 |
| Year-over-year home value change | 1.0% |
| Month-over-month home value change | 0.04% |
| Home value to income ratio | 4.10 |
| Median household income | $127,890 |
| Bachelor's degree or higher | 61.9% |
| Civilian unemployment rate | 4.8% |
| Homeownership rate | 87.5% |
| Housing vacancy rate | 7.6% |
| Rent burden 30% or higher | 12.4% |
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 Optimist Park SW
Is Optimist Park SW one of the best neighborhoods in Tempe?
Optimist Park SW has a Best Neighborhoods USA Index of 66.5 and a city ranking of #16 of 68 eligible neighborhoods in Tempe.
How much are homes worth in Optimist Park SW?
The current Zillow Home Value Index for Optimist Park SW is approximately $523,908.
Are home values rising or falling in Optimist Park SW?
Zillow neighborhood values changed 1.0% year over year and 0.04% month over month.
What is the Neighborhood Momentum Score for Optimist Park SW?
Optimist Park SW has a Neighborhood Momentum Score of 52.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Optimist Park SW?
The NDS-derived neighborhood median household income is approximately $127,890.
How affordable is Optimist Park SW relative to household income?
The current Zillow home-value-to-household-income ratio is 4.10. Price-to-income affordability is a major Value Opportunity input.
Is Optimist Park SW primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.5%.
What is the unemployment rate in Optimist Park SW?
The NDS-derived civilian unemployment rate is approximately 4.8%.
How educated are residents of Optimist Park SW?
Approximately 61.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Optimist Park SW face high rent burden?
Approximately 12.4% 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 Optimist Park SW?
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 applications44
Estimated originations27
Home-purchase applications16
Origination rate62.6%
Home-purchase share35.7%
Average application loan$278,637
Total application loan amount$12,160,219
National application rank#7,785 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.8% YoY; originations 18.8% 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.