What is the Best Neighborhoods USA ranking for Neely Commons?
Neely Commons is ranked #64 of 179 eligible neighborhoods in Gilbert; #138 of 746 eligible neighborhoods in AZ; and #2,756 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Neely Commons
Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
64.0
Stability and Strength
79.8
Value Opportunity
72.6
Momentum
26.8
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 | #2,756 of 14,967 |
| State rank | #138 of 746 |
| City rank | #64 of 179 |
| County rank | #133 of 546 |
| National percentile | 81.6 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $501,654 |
| Year-over-year home value change | -1.7% |
| Month-over-month home value change | -0.18% |
| Home value to income ratio | 4.50 |
| Median household income | $111,410 |
| Bachelor's degree or higher | 47.5% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 76.7% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 26.0% |
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 Neely Commons
Is Neely Commons one of the best neighborhoods in Gilbert?
Neely Commons has a Best Neighborhoods USA Index of 64.0 and a city ranking of #64 of 179 eligible neighborhoods in Gilbert.
How much are homes worth in Neely Commons?
The current Zillow Home Value Index for Neely Commons is approximately $501,654.
Are home values rising or falling in Neely Commons?
Zillow neighborhood values changed -1.7% year over year and -0.18% month over month.
What is the Neighborhood Momentum Score for Neely Commons?
Neely Commons has a Neighborhood Momentum Score of 26.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Neely Commons?
The NDS-derived neighborhood median household income is approximately $111,410.
How affordable is Neely Commons relative to household income?
The current Zillow home-value-to-household-income ratio is 4.50. Price-to-income affordability is a major Value Opportunity input.
Is Neely Commons primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 76.7%.
What is the unemployment rate in Neely Commons?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Neely Commons?
Approximately 47.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Neely Commons face high rent burden?
Approximately 26.0% 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 Neely Commons?
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 applications51
Estimated originations30
Home-purchase applications17
Origination rate59.0%
Home-purchase share33.2%
Average application loan$279,370
Total application loan amount$14,220,452
National application rank#7,164 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 32.1% YoY; originations 27.2% 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.