Neighborhood Profile

Heather Place

Chandler, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
35.3
National rank: #12,297 of 14,967
Stability and Strength
40.2
Score
Value Opportunity
42.6
Score
Momentum
17.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChandler, AZ
CountyMaricopa County
National rank#12,297 of 14,967
State rank#629 of 746
City rank#98 of 102
County rank#509 of 546
National percentile17.8
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$446,002
Year-over-year home value change-2.9%
Month-over-month home value change-0.29%
Home value to income ratio6.18
Median household income$72,198
Bachelor's degree or higher29.8%
Civilian unemployment rate8.8%
Homeownership rate27.7%
Housing vacancy rate0.0%
Rent burden 30% or higher46.4%

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 Heather Place

What is the Best Neighborhoods USA ranking for Heather Place?

Heather Place is ranked #98 of 102 eligible neighborhoods in Chandler; #629 of 746 eligible neighborhoods in AZ; and #12,297 of 14,967 eligible neighborhoods in the United States.

Is Heather Place one of the best neighborhoods in Chandler?

Heather Place has a Best Neighborhoods USA Index of 35.3 and a city ranking of #98 of 102 eligible neighborhoods in Chandler.

How much are homes worth in Heather Place?

The current Zillow Home Value Index for Heather Place is approximately $446,002.

Are home values rising or falling in Heather Place?

Zillow neighborhood values changed -2.9% year over year and -0.29% month over month.

What is the Neighborhood Momentum Score for Heather Place?

Heather Place has a Neighborhood Momentum Score of 17.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Heather Place?

The NDS-derived neighborhood median household income is approximately $72,198.

How affordable is Heather Place relative to household income?

The current Zillow home-value-to-household-income ratio is 6.18. Price-to-income affordability is a major Value Opportunity input.

Is Heather Place primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 27.7%.

What is the unemployment rate in Heather Place?

The NDS-derived civilian unemployment rate is approximately 8.8%.

How educated are residents of Heather Place?

Approximately 29.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Heather Place face high rent burden?

Approximately 46.4% 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 Heather Place?

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 applications4
Estimated originations2
Home-purchase applications2
Origination rate46.2%
Home-purchase share39.7%
Average application loan$223,718
Total application loan amount$877,219
National application rank#14,048 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.0% YoY; originations -10.0% 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.