Neighborhood Profile

Sonesta Estates

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
58.5
National rank: #4,536 of 14,967
Stability and Strength
64.9
Score
Value Opportunity
56.6
Score
Momentum
50.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#4,536 of 14,967
State rank#264 of 746
City rank#111 of 179
County rank#247 of 546
National percentile69.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$551,542
Year-over-year home value change0.6%
Month-over-month home value change0.06%
Home value to income ratio6.43
Median household income$85,741
Bachelor's degree or higher35.5%
Civilian unemployment rate0.0%
Homeownership rate70.2%
Housing vacancy rate0.0%
Rent burden 30% or higher61.1%

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 Sonesta Estates

What is the Best Neighborhoods USA ranking for Sonesta Estates?

Sonesta Estates is ranked #111 of 179 eligible neighborhoods in Gilbert; #264 of 746 eligible neighborhoods in AZ; and #4,536 of 14,967 eligible neighborhoods in the United States.

Is Sonesta Estates one of the best neighborhoods in Gilbert?

Sonesta Estates has a Best Neighborhoods USA Index of 58.5 and a city ranking of #111 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Sonesta Estates?

The current Zillow Home Value Index for Sonesta Estates is approximately $551,542.

Are home values rising or falling in Sonesta Estates?

Zillow neighborhood values changed 0.6% year over year and 0.06% month over month.

What is the Neighborhood Momentum Score for Sonesta Estates?

Sonesta Estates has a Neighborhood Momentum Score of 50.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sonesta Estates?

The NDS-derived neighborhood median household income is approximately $85,741.

How affordable is Sonesta Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 6.43. Price-to-income affordability is a major Value Opportunity input.

Is Sonesta Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 70.2%.

What is the unemployment rate in Sonesta Estates?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Sonesta Estates?

Approximately 35.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sonesta Estates face high rent burden?

Approximately 61.1% 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 Sonesta Estates?

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 applications17
Estimated originations11
Home-purchase applications6
Origination rate63.8%
Home-purchase share33.0%
Average application loan$292,450
Total application loan amount$4,898,604
National application rank#11,159 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.