What is the Best Neighborhoods USA ranking for Lago Estancia?
Lago Estancia is ranked #167 of 179 eligible neighborhoods in Gilbert; #457 of 746 eligible neighborhoods in AZ; and #7,809 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lago Estancia
Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
49.5
Stability and Strength
57.4
Value Opportunity
54.5
Momentum
29.8
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 | #7,809 of 14,967 |
| State rank | #457 of 746 |
| City rank | #167 of 179 |
| County rank | #403 of 546 |
| National percentile | 47.9 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $523,096 |
| Year-over-year home value change | -1.2% |
| Month-over-month home value change | -0.19% |
| Home value to income ratio | 4.98 |
| Median household income | $105,081 |
| Bachelor's degree or higher | 47.0% |
| Civilian unemployment rate | 7.6% |
| Homeownership rate | 73.2% |
| Housing vacancy rate | 5.8% |
| Rent burden 30% or higher | 48.0% |
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 Lago Estancia
Is Lago Estancia one of the best neighborhoods in Gilbert?
Lago Estancia has a Best Neighborhoods USA Index of 49.5 and a city ranking of #167 of 179 eligible neighborhoods in Gilbert.
How much are homes worth in Lago Estancia?
The current Zillow Home Value Index for Lago Estancia is approximately $523,096.
Are home values rising or falling in Lago Estancia?
Zillow neighborhood values changed -1.2% year over year and -0.19% month over month.
What is the Neighborhood Momentum Score for Lago Estancia?
Lago Estancia has a Neighborhood Momentum Score of 29.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lago Estancia?
The NDS-derived neighborhood median household income is approximately $105,081.
How affordable is Lago Estancia relative to household income?
The current Zillow home-value-to-household-income ratio is 4.98. Price-to-income affordability is a major Value Opportunity input.
Is Lago Estancia primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 73.2%.
What is the unemployment rate in Lago Estancia?
The NDS-derived civilian unemployment rate is approximately 7.6%.
How educated are residents of Lago Estancia?
Approximately 47.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lago Estancia face high rent burden?
Approximately 48.0% 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 Lago Estancia?
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 applications49
Estimated originations31
Home-purchase applications16
Origination rate63.6%
Home-purchase share32.1%
Average application loan$246,472
Total application loan amount$11,984,093
National application rank#7,343 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.5% YoY; originations 21.2% 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.