Neighborhood Profile

The Gardens

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
53.0
National rank: #6,503 of 14,967
Stability and Strength
63.3
Score
Value Opportunity
67.6
Score
Momentum
16.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#6,503 of 14,967
State rank#384 of 746
City rank#154 of 179
County rank#345 of 546
National percentile56.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$417,458
Year-over-year home value change-2.6%
Month-over-month home value change-0.48%
Home value to income ratio4.38
Median household income$95,221
Bachelor's degree or higher40.2%
Civilian unemployment rate1.7%
Homeownership rate44.8%
Housing vacancy rate0.1%
Rent burden 30% or higher44.8%

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 The Gardens

What is the Best Neighborhoods USA ranking for The Gardens?

The Gardens is ranked #154 of 179 eligible neighborhoods in Gilbert; #384 of 746 eligible neighborhoods in AZ; and #6,503 of 14,967 eligible neighborhoods in the United States.

Is The Gardens one of the best neighborhoods in Gilbert?

The Gardens has a Best Neighborhoods USA Index of 53.0 and a city ranking of #154 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in The Gardens?

The current Zillow Home Value Index for The Gardens is approximately $417,458.

Are home values rising or falling in The Gardens?

Zillow neighborhood values changed -2.6% year over year and -0.48% month over month.

What is the Neighborhood Momentum Score for The Gardens?

The Gardens has a Neighborhood Momentum Score of 16.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in The Gardens?

The NDS-derived neighborhood median household income is approximately $95,221.

How affordable is The Gardens relative to household income?

The current Zillow home-value-to-household-income ratio is 4.38. Price-to-income affordability is a major Value Opportunity input.

Is The Gardens primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.8%.

What is the unemployment rate in The Gardens?

The NDS-derived civilian unemployment rate is approximately 1.7%.

How educated are residents of The Gardens?

Approximately 40.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in The Gardens face high rent burden?

Approximately 44.8% 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 The Gardens?

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 applications48
Estimated originations27
Home-purchase applications17
Origination rate57.1%
Home-purchase share34.5%
Average application loan$213,278
Total application loan amount$10,244,278
National application rank#7,399 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -21.7% YoY; originations -27.4% 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.