Neighborhood Profile

Hermosa Vista Estates

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
73.9
National rank: #756 of 14,967
Stability and Strength
83.0
Score
Value Opportunity
83.1
Score
Momentum
46.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#756 of 14,967
State rank#28 of 746
City rank#3 of 160
County rank#28 of 546
National percentile95.0
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$545,409
Year-over-year home value change0.3%
Month-over-month home value change-0.02%
Home value to income ratio3.50
Median household income$155,870
Bachelor's degree or higher54.3%
Civilian unemployment rate1.1%
Homeownership rate95.7%
Housing vacancy rate0.5%
Rent burden 30% or higher53.3%

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 Hermosa Vista Estates

What is the Best Neighborhoods USA ranking for Hermosa Vista Estates?

Hermosa Vista Estates is ranked #3 of 160 eligible neighborhoods in Mesa; #28 of 746 eligible neighborhoods in AZ; and #756 of 14,967 eligible neighborhoods in the United States.

Is Hermosa Vista Estates one of the best neighborhoods in Mesa?

Hermosa Vista Estates has a Best Neighborhoods USA Index of 73.9 and a city ranking of #3 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Hermosa Vista Estates?

The current Zillow Home Value Index for Hermosa Vista Estates is approximately $545,409.

Are home values rising or falling in Hermosa Vista Estates?

Zillow neighborhood values changed 0.3% year over year and -0.02% month over month.

What is the Neighborhood Momentum Score for Hermosa Vista Estates?

Hermosa Vista Estates has a Neighborhood Momentum Score of 46.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hermosa Vista Estates?

The NDS-derived neighborhood median household income is approximately $155,870.

How affordable is Hermosa Vista Estates relative to household income?

The current Zillow home-value-to-household-income ratio is 3.50. Price-to-income affordability is a major Value Opportunity input.

Is Hermosa Vista Estates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.7%.

What is the unemployment rate in Hermosa Vista Estates?

The NDS-derived civilian unemployment rate is approximately 1.1%.

How educated are residents of Hermosa Vista Estates?

Approximately 54.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hermosa Vista Estates face high rent burden?

Approximately 53.3% 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 Hermosa Vista 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 applications7
Estimated originations4
Home-purchase applications2
Origination rate60.2%
Home-purchase share29.5%
Average application loan$369,492
Total application loan amount$2,751,322
National application rank#13,105 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.0% YoY; originations 13.4% 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.