Neighborhood Profile

Gateway Village

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
59.3
National rank: #4,246 of 14,967
Stability and Strength
67.5
Score
Value Opportunity
69.4
Score
Momentum
32.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#4,246 of 14,967
State rank#244 of 746
City rank#105 of 179
County rank#228 of 546
National percentile71.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$468,429
Year-over-year home value change-0.8%
Month-over-month home value change-0.23%
Home value to income ratio4.18
Median household income$112,178
Bachelor's degree or higher50.4%
Civilian unemployment rate4.7%
Homeownership rate58.8%
Housing vacancy rate0.0%
Rent burden 30% or higher36.9%

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 Gateway Village

What is the Best Neighborhoods USA ranking for Gateway Village?

Gateway Village is ranked #105 of 179 eligible neighborhoods in Gilbert; #244 of 746 eligible neighborhoods in AZ; and #4,246 of 14,967 eligible neighborhoods in the United States.

Is Gateway Village one of the best neighborhoods in Gilbert?

Gateway Village has a Best Neighborhoods USA Index of 59.3 and a city ranking of #105 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Gateway Village?

The current Zillow Home Value Index for Gateway Village is approximately $468,429.

Are home values rising or falling in Gateway Village?

Zillow neighborhood values changed -0.8% year over year and -0.23% month over month.

What is the Neighborhood Momentum Score for Gateway Village?

Gateway Village has a Neighborhood Momentum Score of 32.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Gateway Village?

The NDS-derived neighborhood median household income is approximately $112,178.

How affordable is Gateway Village relative to household income?

The current Zillow home-value-to-household-income ratio is 4.18. Price-to-income affordability is a major Value Opportunity input.

Is Gateway Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 58.8%.

What is the unemployment rate in Gateway Village?

The NDS-derived civilian unemployment rate is approximately 4.7%.

How educated are residents of Gateway Village?

Approximately 50.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Gateway Village face high rent burden?

Approximately 36.9% 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 Gateway Village?

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 applications23
Estimated originations16
Home-purchase applications9
Origination rate70.5%
Home-purchase share37.8%
Average application loan$245,495
Total application loan amount$5,556,769
National application rank#10,240 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -13.3% YoY; originations -10.6% 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.