Neighborhood Profile

Oaktree Park

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
46.7
National rank: #8,824 of 14,967
Stability and Strength
54.8
Score
Value Opportunity
49.7
Score
Momentum
29.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#8,824 of 14,967
State rank#492 of 746
City rank#173 of 179
County rank#424 of 546
National percentile41.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$454,829
Year-over-year home value change-1.0%
Month-over-month home value change-0.29%
Home value to income ratio6.00
Median household income$75,776
Bachelor's degree or higher34.5%
Civilian unemployment rate1.6%
Homeownership rate44.4%
Housing vacancy rate7.1%
Rent burden 30% or higher35.1%

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 Oaktree Park

What is the Best Neighborhoods USA ranking for Oaktree Park?

Oaktree Park is ranked #173 of 179 eligible neighborhoods in Gilbert; #492 of 746 eligible neighborhoods in AZ; and #8,824 of 14,967 eligible neighborhoods in the United States.

Is Oaktree Park one of the best neighborhoods in Gilbert?

Oaktree Park has a Best Neighborhoods USA Index of 46.7 and a city ranking of #173 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Oaktree Park?

The current Zillow Home Value Index for Oaktree Park is approximately $454,829.

Are home values rising or falling in Oaktree Park?

Zillow neighborhood values changed -1.0% year over year and -0.29% month over month.

What is the Neighborhood Momentum Score for Oaktree Park?

Oaktree Park has a Neighborhood Momentum Score of 29.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Oaktree Park?

The NDS-derived neighborhood median household income is approximately $75,776.

How affordable is Oaktree Park relative to household income?

The current Zillow home-value-to-household-income ratio is 6.00. Price-to-income affordability is a major Value Opportunity input.

Is Oaktree Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.4%.

What is the unemployment rate in Oaktree Park?

The NDS-derived civilian unemployment rate is approximately 1.6%.

How educated are residents of Oaktree Park?

Approximately 34.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Oaktree Park face high rent burden?

Approximately 35.1% 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 Oaktree 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

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 applications10
Estimated originations5
Home-purchase applications4
Origination rate54.3%
Home-purchase share36.2%
Average application loan$270,372
Total application loan amount$2,655,768
National application rank#12,542 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.9% YoY; originations 6.3% 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.