What is the Best Neighborhoods USA ranking for Old West Estates?
Old West Estates is ranked #86 of 179 eligible neighborhoods in Gilbert; #191 of 746 eligible neighborhoods in AZ; and #3,531 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old West Estates
Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
61.5
Stability and Strength
69.5
Value Opportunity
77.3
Momentum
26.6
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 | #3,531 of 14,967 |
| State rank | #191 of 746 |
| City rank | #86 of 179 |
| County rank | #182 of 546 |
| National percentile | 76.4 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $441,141 |
| Year-over-year home value change | -1.8% |
| Month-over-month home value change | -0.15% |
| Home value to income ratio | 3.37 |
| Median household income | $130,917 |
| Bachelor's degree or higher | 30.4% |
| Civilian unemployment rate | 1.0% |
| Homeownership rate | 90.6% |
| Housing vacancy rate | 1.6% |
| Rent burden 30% or higher | 76.2% |
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 Old West Estates
Is Old West Estates one of the best neighborhoods in Gilbert?
Old West Estates has a Best Neighborhoods USA Index of 61.5 and a city ranking of #86 of 179 eligible neighborhoods in Gilbert.
How much are homes worth in Old West Estates?
The current Zillow Home Value Index for Old West Estates is approximately $441,141.
Are home values rising or falling in Old West Estates?
Zillow neighborhood values changed -1.8% year over year and -0.15% month over month.
What is the Neighborhood Momentum Score for Old West Estates?
Old West Estates has a Neighborhood Momentum Score of 26.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old West Estates?
The NDS-derived neighborhood median household income is approximately $130,917.
How affordable is Old West Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 3.37. Price-to-income affordability is a major Value Opportunity input.
Is Old West Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 90.6%.
What is the unemployment rate in Old West Estates?
The NDS-derived civilian unemployment rate is approximately 1.0%.
How educated are residents of Old West Estates?
Approximately 30.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old West Estates face high rent burden?
Approximately 76.2% 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 Old West 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
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 applications14
Estimated originations9
Home-purchase applications4
Origination rate63.6%
Home-purchase share32.1%
Average application loan$246,420
Total application loan amount$3,361,082
National application rank#11,760 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.