Neighborhood Profile

Rancho Collene

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
73.0
National rank: #872 of 14,967
Stability and Strength
81.1
Score
Value Opportunity
76.0
Score
Momentum
55.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#872 of 14,967
State rank#37 of 746
City rank#14 of 179
County rank#37 of 546
National percentile94.2
National bandTOP_10_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$742,602
Year-over-year home value change2.1%
Month-over-month home value change-0.11%
Home value to income ratio4.49
Median household income$165,546
Bachelor's degree or higher74.8%
Civilian unemployment rate1.7%
Homeownership rate75.6%
Housing vacancy rate4.9%
Rent burden 30% or higher50.4%

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 Rancho Collene

What is the Best Neighborhoods USA ranking for Rancho Collene?

Rancho Collene is ranked #14 of 179 eligible neighborhoods in Gilbert; #37 of 746 eligible neighborhoods in AZ; and #872 of 14,967 eligible neighborhoods in the United States.

Is Rancho Collene one of the best neighborhoods in Gilbert?

Rancho Collene has a Best Neighborhoods USA Index of 73.0 and a city ranking of #14 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Rancho Collene?

The current Zillow Home Value Index for Rancho Collene is approximately $742,602.

Are home values rising or falling in Rancho Collene?

Zillow neighborhood values changed 2.1% year over year and -0.11% month over month.

What is the Neighborhood Momentum Score for Rancho Collene?

Rancho Collene has a Neighborhood Momentum Score of 55.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Rancho Collene?

The NDS-derived neighborhood median household income is approximately $165,546.

How affordable is Rancho Collene relative to household income?

The current Zillow home-value-to-household-income ratio is 4.49. Price-to-income affordability is a major Value Opportunity input.

Is Rancho Collene primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 75.6%.

What is the unemployment rate in Rancho Collene?

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

How educated are residents of Rancho Collene?

Approximately 74.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Rancho Collene face high rent burden?

Approximately 50.4% 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 Rancho Collene?

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 applications12
Estimated originations8
Home-purchase applications7
Origination rate65.5%
Home-purchase share57.9%
Average application loan$354,816
Total application loan amount$4,380,215
National application rank#12,016 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 61.3% YoY; originations 65.6% 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.