Neighborhood Profile

Gilbert Heights

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
54.9
National rank: #5,795 of 14,967
Stability and Strength
61.7
Score
Value Opportunity
47.6
Score
Momentum
54.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#5,795 of 14,967
State rank#335 of 746
City rank#137 of 179
County rank#308 of 546
National percentile61.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,140,604
Year-over-year home value change-0.5%
Month-over-month home value change0.64%
Home value to income ratio8.95
Median household income$127,480
Bachelor's degree or higher54.1%
Civilian unemployment rate5.0%
Homeownership rate65.9%
Housing vacancy rate6.5%
Rent burden 30% or higher59.5%

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 Gilbert Heights

What is the Best Neighborhoods USA ranking for Gilbert Heights?

Gilbert Heights is ranked #137 of 179 eligible neighborhoods in Gilbert; #335 of 746 eligible neighborhoods in AZ; and #5,795 of 14,967 eligible neighborhoods in the United States.

Is Gilbert Heights one of the best neighborhoods in Gilbert?

Gilbert Heights has a Best Neighborhoods USA Index of 54.9 and a city ranking of #137 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Gilbert Heights?

The current Zillow Home Value Index for Gilbert Heights is approximately $1,140,604.

Are home values rising or falling in Gilbert Heights?

Zillow neighborhood values changed -0.5% year over year and 0.64% month over month.

What is the Neighborhood Momentum Score for Gilbert Heights?

Gilbert Heights has a Neighborhood Momentum Score of 54.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Gilbert Heights?

The NDS-derived neighborhood median household income is approximately $127,480.

How affordable is Gilbert Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 8.95. Price-to-income affordability is a major Value Opportunity input.

Is Gilbert Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.9%.

What is the unemployment rate in Gilbert Heights?

The NDS-derived civilian unemployment rate is approximately 5.0%.

How educated are residents of Gilbert Heights?

Approximately 54.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Gilbert Heights face high rent burden?

Approximately 59.5% 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 Gilbert Heights?

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 applications13
Estimated originations7
Home-purchase applications4
Origination rate55.1%
Home-purchase share27.5%
Average application loan$306,018
Total application loan amount$4,088,344
National application rank#11,805 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.0% YoY; originations -5.2% 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.