Neighborhood Profile

Candlelight Estates

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
70.6
National rank: #1,247 of 14,967
Stability and Strength
85.7
Score
Value Opportunity
72.8
Score
Momentum
43.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#1,247 of 14,967
State rank#58 of 746
City rank#6 of 160
County rank#57 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$542,032
Year-over-year home value change-0.3%
Month-over-month home value change0.03%
Home value to income ratio4.67
Median household income$116,072
Bachelor's degree or higher53.4%
Civilian unemployment rate1.0%
Homeownership rate98.8%
Housing vacancy rate0.0%
Rent burden 30% or higher2.5%

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 Candlelight Estates

What is the Best Neighborhoods USA ranking for Candlelight Estates?

Candlelight Estates is ranked #6 of 160 eligible neighborhoods in Mesa; #58 of 746 eligible neighborhoods in AZ; and #1,247 of 14,967 eligible neighborhoods in the United States.

Is Candlelight Estates one of the best neighborhoods in Mesa?

Candlelight Estates has a Best Neighborhoods USA Index of 70.6 and a city ranking of #6 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Candlelight Estates?

The current Zillow Home Value Index for Candlelight Estates is approximately $542,032.

Are home values rising or falling in Candlelight Estates?

Zillow neighborhood values changed -0.3% year over year and 0.03% month over month.

What is the Neighborhood Momentum Score for Candlelight Estates?

Candlelight Estates has a Neighborhood Momentum Score of 43.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Candlelight Estates?

The NDS-derived neighborhood median household income is approximately $116,072.

How affordable is Candlelight Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 4.67. Price-to-income affordability is a major Value Opportunity input.

Is Candlelight Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 98.8%.

What is the unemployment rate in Candlelight Estates?

The NDS-derived civilian unemployment rate is approximately 1.0%.

How educated are residents of Candlelight Estates?

Approximately 53.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Candlelight Estates face high rent burden?

Approximately 2.5% 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 Candlelight Estates?

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 applications18
Estimated originations12
Home-purchase applications7
Origination rate69.9%
Home-purchase share37.1%
Average application loan$268,148
Total application loan amount$4,740,443
National application rank#11,001 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.7% YoY; originations 20.5% 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.