What is the Best Neighborhoods USA ranking for Hillcrest Terrace?
Hillcrest Terrace is ranked #30 of 160 eligible neighborhoods in Mesa; #168 of 746 eligible neighborhoods in AZ; and #3,144 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Hillcrest Terrace
Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
62.8
Stability and Strength
64.4
Value Opportunity
59.0
Momentum
65.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Mesa, AZ |
| County | Maricopa County |
| National rank | #3,144 of 14,967 |
| State rank | #168 of 746 |
| City rank | #30 of 160 |
| County rank | #160 of 546 |
| National percentile | 79.0 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $648,908 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | -0.21% |
| Home value to income ratio | 4.88 |
| Median household income | $133,012 |
| Bachelor's degree or higher | 45.8% |
| Civilian unemployment rate | 5.1% |
| Homeownership rate | 62.9% |
| Housing vacancy rate | 8.6% |
| Rent burden 30% or higher | 3.6% |
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 Hillcrest Terrace
Is Hillcrest Terrace one of the best neighborhoods in Mesa?
Hillcrest Terrace has a Best Neighborhoods USA Index of 62.8 and a city ranking of #30 of 160 eligible neighborhoods in Mesa.
How much are homes worth in Hillcrest Terrace?
The current Zillow Home Value Index for Hillcrest Terrace is approximately $648,908.
Are home values rising or falling in Hillcrest Terrace?
Zillow neighborhood values changed 4.3% year over year and -0.21% month over month.
What is the Neighborhood Momentum Score for Hillcrest Terrace?
Hillcrest Terrace has a Neighborhood Momentum Score of 65.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Hillcrest Terrace?
The NDS-derived neighborhood median household income is approximately $133,012.
How affordable is Hillcrest Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 4.88. Price-to-income affordability is a major Value Opportunity input.
Is Hillcrest Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 62.9%.
What is the unemployment rate in Hillcrest Terrace?
The NDS-derived civilian unemployment rate is approximately 5.1%.
How educated are residents of Hillcrest Terrace?
Approximately 45.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Hillcrest Terrace face high rent burden?
Approximately 3.6% 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 Hillcrest Terrace?
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 applications6
Estimated originations3
Home-purchase applications2
Origination rate55.2%
Home-purchase share29.9%
Average application loan$257,639
Total application loan amount$1,597,879
National application rank#13,413 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.7% YoY; originations -7.2% 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.