Neighborhood Profile

Higley Park

Gilbert, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
58.2
National rank: #4,625 of 14,967
Stability and Strength
64.8
Score
Value Opportunity
70.7
Score
Momentum
30.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGilbert, AZ
CountyMaricopa County
National rank#4,625 of 14,967
State rank#268 of 746
City rank#112 of 179
County rank#251 of 546
National percentile69.1
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$483,018
Year-over-year home value change-1.7%
Month-over-month home value change-0.07%
Home value to income ratio4.07
Median household income$118,794
Bachelor's degree or higher47.2%
Civilian unemployment rate2.2%
Homeownership rate47.8%
Housing vacancy rate4.9%
Rent burden 30% or higher49.0%

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 Higley Park

What is the Best Neighborhoods USA ranking for Higley Park?

Higley Park is ranked #112 of 179 eligible neighborhoods in Gilbert; #268 of 746 eligible neighborhoods in AZ; and #4,625 of 14,967 eligible neighborhoods in the United States.

Is Higley Park one of the best neighborhoods in Gilbert?

Higley Park has a Best Neighborhoods USA Index of 58.2 and a city ranking of #112 of 179 eligible neighborhoods in Gilbert.

How much are homes worth in Higley Park?

The current Zillow Home Value Index for Higley Park is approximately $483,018.

Are home values rising or falling in Higley Park?

Zillow neighborhood values changed -1.7% year over year and -0.07% month over month.

What is the Neighborhood Momentum Score for Higley Park?

Higley Park has a Neighborhood Momentum Score of 30.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Higley Park?

The NDS-derived neighborhood median household income is approximately $118,794.

How affordable is Higley Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.07. Price-to-income affordability is a major Value Opportunity input.

Is Higley Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.8%.

What is the unemployment rate in Higley Park?

The NDS-derived civilian unemployment rate is approximately 2.2%.

How educated are residents of Higley Park?

Approximately 47.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Higley Park face high rent burden?

Approximately 49.0% 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 Higley Park?

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 applications47
Estimated originations27
Home-purchase applications16
Origination rate57.1%
Home-purchase share34.6%
Average application loan$214,891
Total application loan amount$10,180,063
National application rank#7,450 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -21.5% YoY; originations -27.1% 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.