Neighborhood Profile

Park Center Place

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
32.0
National rank: #13,105 of 14,967
Stability and Strength
37.9
Score
Value Opportunity
36.8
Score
Momentum
15.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#13,105 of 14,967
State rank#665 of 746
City rank#146 of 160
County rank#521 of 546
National percentile12.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$362,281
Year-over-year home value change-2.9%
Month-over-month home value change-0.38%
Home value to income ratio6.92
Median household income$52,325
Bachelor's degree or higher32.7%
Civilian unemployment rate2.7%
Homeownership rate47.4%
Housing vacancy rate12.4%
Rent burden 30% or higher65.7%

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 Park Center Place

What is the Best Neighborhoods USA ranking for Park Center Place?

Park Center Place is ranked #146 of 160 eligible neighborhoods in Mesa; #665 of 746 eligible neighborhoods in AZ; and #13,105 of 14,967 eligible neighborhoods in the United States.

Is Park Center Place one of the best neighborhoods in Mesa?

Park Center Place has a Best Neighborhoods USA Index of 32.0 and a city ranking of #146 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Park Center Place?

The current Zillow Home Value Index for Park Center Place is approximately $362,281.

Are home values rising or falling in Park Center Place?

Zillow neighborhood values changed -2.9% year over year and -0.38% month over month.

What is the Neighborhood Momentum Score for Park Center Place?

Park Center Place has a Neighborhood Momentum Score of 15.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Center Place?

The NDS-derived neighborhood median household income is approximately $52,325.

How affordable is Park Center Place relative to household income?

The current Zillow home-value-to-household-income ratio is 6.92. Price-to-income affordability is a major Value Opportunity input.

Is Park Center Place primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.4%.

What is the unemployment rate in Park Center Place?

The NDS-derived civilian unemployment rate is approximately 2.7%.

How educated are residents of Park Center Place?

Approximately 32.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Park Center Place face high rent burden?

Approximately 65.7% 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 Park Center 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 applications16
Estimated originations10
Home-purchase applications11
Origination rate64.3%
Home-purchase share70.4%
Average application loan$234,229
Total application loan amount$3,641,916
National application rank#11,367 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 69.1% YoY; originations 68.1% 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.