Neighborhood Profile

The Groves

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
35.9
National rank: #12,139 of 14,967
Stability and Strength
40.2
Score
Value Opportunity
32.5
Score
Momentum
34.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#12,139 of 14,967
State rank#626 of 746
City rank#136 of 160
County rank#506 of 546
National percentile18.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$632,621
Year-over-year home value change-1.0%
Month-over-month home value change-0.10%
Home value to income ratio8.23
Median household income$76,909
Bachelor's degree or higher31.9%
Civilian unemployment rate5.9%
Homeownership rate66.5%
Housing vacancy rate16.5%
Rent burden 30% or higher67.5%

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 The Groves

What is the Best Neighborhoods USA ranking for The Groves?

The Groves is ranked #136 of 160 eligible neighborhoods in Mesa; #626 of 746 eligible neighborhoods in AZ; and #12,139 of 14,967 eligible neighborhoods in the United States.

Is The Groves one of the best neighborhoods in Mesa?

The Groves has a Best Neighborhoods USA Index of 35.9 and a city ranking of #136 of 160 eligible neighborhoods in Mesa.

How much are homes worth in The Groves?

The current Zillow Home Value Index for The Groves is approximately $632,621.

Are home values rising or falling in The Groves?

Zillow neighborhood values changed -1.0% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for The Groves?

The Groves has a Neighborhood Momentum Score of 34.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in The Groves?

The NDS-derived neighborhood median household income is approximately $76,909.

How affordable is The Groves relative to household income?

The current Zillow home-value-to-household-income ratio is 8.23. Price-to-income affordability is a major Value Opportunity input.

Is The Groves primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 66.5%.

What is the unemployment rate in The Groves?

The NDS-derived civilian unemployment rate is approximately 5.9%.

How educated are residents of The Groves?

Approximately 31.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in The Groves face high rent burden?

Approximately 67.5% 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 The Groves?

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 applications320
Estimated originations172
Home-purchase applications122
Origination rate53.6%
Home-purchase share37.9%
Average application loan$291,765
Total application loan amount$93,482,571
National application rank#1,074 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.6% YoY; originations 4.6% 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.