Neighborhood Profile

Papago Park View

Tempe, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
43.0
National rank: #10,065 of 14,967
Stability and Strength
50.0
Score
Value Opportunity
47.0
Score
Momentum
26.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTempe, AZ
CountyMaricopa County
National rank#10,065 of 14,967
State rank#535 of 746
City rank#47 of 68
County rank#452 of 546
National percentile32.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$487,649
Year-over-year home value change-2.1%
Month-over-month home value change-0.12%
Home value to income ratio6.27
Median household income$77,781
Bachelor's degree or higher37.3%
Civilian unemployment rate5.4%
Homeownership rate38.5%
Housing vacancy rate1.3%
Rent burden 30% or higher38.7%

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 Papago Park View

What is the Best Neighborhoods USA ranking for Papago Park View?

Papago Park View is ranked #47 of 68 eligible neighborhoods in Tempe; #535 of 746 eligible neighborhoods in AZ; and #10,065 of 14,967 eligible neighborhoods in the United States.

Is Papago Park View one of the best neighborhoods in Tempe?

Papago Park View has a Best Neighborhoods USA Index of 43.0 and a city ranking of #47 of 68 eligible neighborhoods in Tempe.

How much are homes worth in Papago Park View?

The current Zillow Home Value Index for Papago Park View is approximately $487,649.

Are home values rising or falling in Papago Park View?

Zillow neighborhood values changed -2.1% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Papago Park View?

Papago Park View has a Neighborhood Momentum Score of 26.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Papago Park View?

The NDS-derived neighborhood median household income is approximately $77,781.

How affordable is Papago Park View relative to household income?

The current Zillow home-value-to-household-income ratio is 6.27. Price-to-income affordability is a major Value Opportunity input.

Is Papago Park View primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 38.5%.

What is the unemployment rate in Papago Park View?

The NDS-derived civilian unemployment rate is approximately 5.4%.

How educated are residents of Papago Park View?

Approximately 37.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Papago Park View face high rent burden?

Approximately 38.7% 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 Papago Park View?

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 applications35
Estimated originations24
Home-purchase applications13
Origination rate70.0%
Home-purchase share37.1%
Average application loan$554,485
Total application loan amount$19,349,964
National application rank#8,662 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.6% YoY; originations 68.9% 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.