What is the Best Neighborhoods USA ranking for Towne Meadows?
Towne Meadows is ranked #28 of 179 eligible neighborhoods in Gilbert; #70 of 746 eligible neighborhoods in AZ; and #1,609 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Towne Meadows
Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
68.7
Stability and Strength
77.8
Value Opportunity
78.1
Momentum
41.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Gilbert, AZ |
| County | Maricopa County |
| National rank | #1,609 of 14,967 |
| State rank | #70 of 746 |
| City rank | #28 of 179 |
| County rank | #69 of 546 |
| National percentile | 89.3 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $481,164 |
| Year-over-year home value change | 0.4% |
| Month-over-month home value change | -0.24% |
| Home value to income ratio | 3.56 |
| Median household income | $135,271 |
| Bachelor's degree or higher | 35.1% |
| Civilian unemployment rate | 1.1% |
| Homeownership rate | 85.2% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 40.2% |
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 Towne Meadows
Is Towne Meadows one of the best neighborhoods in Gilbert?
Towne Meadows has a Best Neighborhoods USA Index of 68.7 and a city ranking of #28 of 179 eligible neighborhoods in Gilbert.
How much are homes worth in Towne Meadows?
The current Zillow Home Value Index for Towne Meadows is approximately $481,164.
Are home values rising or falling in Towne Meadows?
Zillow neighborhood values changed 0.4% year over year and -0.24% month over month.
What is the Neighborhood Momentum Score for Towne Meadows?
Towne Meadows has a Neighborhood Momentum Score of 41.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Towne Meadows?
The NDS-derived neighborhood median household income is approximately $135,271.
How affordable is Towne Meadows relative to household income?
The current Zillow home-value-to-household-income ratio is 3.56. Price-to-income affordability is a major Value Opportunity input.
Is Towne Meadows primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 85.2%.
What is the unemployment rate in Towne Meadows?
The NDS-derived civilian unemployment rate is approximately 1.1%.
How educated are residents of Towne Meadows?
Approximately 35.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Towne Meadows face high rent burden?
Approximately 40.2% 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 Towne Meadows?
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 applications47
Estimated originations28
Home-purchase applications20
Origination rate60.4%
Home-purchase share42.4%
Average application loan$316,817
Total application loan amount$14,816,395
National application rank#7,510 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.2% YoY; originations 17.6% 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.