Neighborhood Profile

Cayman Square

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
54.1
National rank: #6,080 of 14,967
Stability and Strength
60.6
Score
Value Opportunity
53.2
Score
Momentum
45.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#6,080 of 14,967
State rank#352 of 746
City rank#143 of 179
County rank#321 of 546
National percentile59.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$509,073
Year-over-year home value change0.6%
Month-over-month home value change-0.14%
Home value to income ratio6.09
Median household income$83,611
Bachelor's degree or higher46.1%
Civilian unemployment rate2.8%
Homeownership rate59.6%
Housing vacancy rate4.4%
Rent burden 30% or higher45.7%

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 Cayman Square

What is the Best Neighborhoods USA ranking for Cayman Square?

Cayman Square is ranked #143 of 179 eligible neighborhoods in Gilbert; #352 of 746 eligible neighborhoods in AZ; and #6,080 of 14,967 eligible neighborhoods in the United States.

Is Cayman Square one of the best neighborhoods in Gilbert?

Cayman Square has a Best Neighborhoods USA Index of 54.1 and a city ranking of #143 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Cayman Square?

The current Zillow Home Value Index for Cayman Square is approximately $509,073.

Are home values rising or falling in Cayman Square?

Zillow neighborhood values changed 0.6% year over year and -0.14% month over month.

What is the Neighborhood Momentum Score for Cayman Square?

Cayman Square has a Neighborhood Momentum Score of 45.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cayman Square?

The NDS-derived neighborhood median household income is approximately $83,611.

How affordable is Cayman Square relative to household income?

The current Zillow home-value-to-household-income ratio is 6.09. Price-to-income affordability is a major Value Opportunity input.

Is Cayman Square primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.6%.

What is the unemployment rate in Cayman Square?

The NDS-derived civilian unemployment rate is approximately 2.8%.

How educated are residents of Cayman Square?

Approximately 46.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cayman Square face high rent burden?

Approximately 45.7% 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 Cayman Square?

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 applications24
Estimated originations15
Home-purchase applications8
Origination rate63.8%
Home-purchase share33.0%
Average application loan$292,500
Total application loan amount$6,908,400
National application rank#10,082 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.7% YoY; originations 12.1% 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.