Neighborhood Profile

Highlands West

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
70.6
National rank: #1,246 of 14,967
Stability and Strength
77.9
Score
Value Opportunity
55.1
Score
Momentum
80.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#1,246 of 14,967
State rank#57 of 746
City rank#25 of 179
County rank#56 of 546
National percentile91.7
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,669,933
Year-over-year home value change3.7%
Month-over-month home value change0.52%
Home value to income ratio10.11
Median household income$165,145
Bachelor's degree or higher63.3%
Civilian unemployment rate4.5%
Homeownership rate94.9%
Housing vacancy rate0.0%
Rent burden 30% or higher57.6%

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 Highlands West

What is the Best Neighborhoods USA ranking for Highlands West?

Highlands West is ranked #25 of 179 eligible neighborhoods in Gilbert; #57 of 746 eligible neighborhoods in AZ; and #1,246 of 14,967 eligible neighborhoods in the United States.

Is Highlands West one of the best neighborhoods in Gilbert?

Highlands West has a Best Neighborhoods USA Index of 70.6 and a city ranking of #25 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Highlands West?

The current Zillow Home Value Index for Highlands West is approximately $1,669,933.

Are home values rising or falling in Highlands West?

Zillow neighborhood values changed 3.7% year over year and 0.52% month over month.

What is the Neighborhood Momentum Score for Highlands West?

Highlands West has a Neighborhood Momentum Score of 80.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Highlands West?

The NDS-derived neighborhood median household income is approximately $165,145.

How affordable is Highlands West relative to household income?

The current Zillow home-value-to-household-income ratio is 10.11. Price-to-income affordability is a major Value Opportunity input.

Is Highlands West primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 94.9%.

What is the unemployment rate in Highlands West?

The NDS-derived civilian unemployment rate is approximately 4.5%.

How educated are residents of Highlands West?

Approximately 63.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Highlands West face high rent burden?

Approximately 57.6% 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 Highlands West?

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 applications9
Estimated originations6
Home-purchase applications3
Origination rate60.4%
Home-purchase share30.7%
Average application loan$457,970
Total application loan amount$4,341,627
National application rank#12,633 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.8% YoY; originations -18.7% 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.