Neighborhood Profile

Parkview Terrace

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
55.7
National rank: #5,487 of 14,967
Stability and Strength
62.3
Score
Value Opportunity
49.9
Score
Momentum
53.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#5,487 of 14,967
State rank#313 of 746
City rank#59 of 160
County rank#288 of 546
National percentile63.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$533,203
Year-over-year home value change1.2%
Month-over-month home value change0.01%
Home value to income ratio6.95
Median household income$76,748
Bachelor's degree or higher35.3%
Civilian unemployment rate0.0%
Homeownership rate90.1%
Housing vacancy rate5.3%
Rent burden 30% or higher66.2%

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 Parkview Terrace

What is the Best Neighborhoods USA ranking for Parkview Terrace?

Parkview Terrace is ranked #59 of 160 eligible neighborhoods in Mesa; #313 of 746 eligible neighborhoods in AZ; and #5,487 of 14,967 eligible neighborhoods in the United States.

Is Parkview Terrace one of the best neighborhoods in Mesa?

Parkview Terrace has a Best Neighborhoods USA Index of 55.7 and a city ranking of #59 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Parkview Terrace?

The current Zillow Home Value Index for Parkview Terrace is approximately $533,203.

Are home values rising or falling in Parkview Terrace?

Zillow neighborhood values changed 1.2% year over year and 0.01% month over month.

What is the Neighborhood Momentum Score for Parkview Terrace?

Parkview Terrace has a Neighborhood Momentum Score of 53.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Parkview Terrace?

The NDS-derived neighborhood median household income is approximately $76,748.

How affordable is Parkview Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 6.95. Price-to-income affordability is a major Value Opportunity input.

Is Parkview Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 90.1%.

What is the unemployment rate in Parkview Terrace?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Parkview Terrace?

Approximately 35.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Parkview Terrace face high rent burden?

Approximately 66.2% 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 Parkview 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

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 applications9
Estimated originations5
Home-purchase applications3
Origination rate51.9%
Home-purchase share32.8%
Average application loan$246,093
Total application loan amount$2,256,145
National application rank#12,723 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.8% YoY; originations 18.8% 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.