Neighborhood Profile

Sierra Heights

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
60.5
National rank: #3,846 of 14,967
Stability and Strength
69.0
Score
Value Opportunity
71.8
Score
Momentum
31.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#3,846 of 14,967
State rank#214 of 746
City rank#38 of 160
County rank#200 of 546
National percentile74.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$542,550
Year-over-year home value change-1.7%
Month-over-month home value change-0.02%
Home value to income ratio3.97
Median household income$136,502
Bachelor's degree or higher47.2%
Civilian unemployment rate0.4%
Homeownership rate89.0%
Housing vacancy rate10.7%
Rent burden 30% or higher100.0%

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 Sierra Heights

What is the Best Neighborhoods USA ranking for Sierra Heights?

Sierra Heights is ranked #38 of 160 eligible neighborhoods in Mesa; #214 of 746 eligible neighborhoods in AZ; and #3,846 of 14,967 eligible neighborhoods in the United States.

Is Sierra Heights one of the best neighborhoods in Mesa?

Sierra Heights has a Best Neighborhoods USA Index of 60.5 and a city ranking of #38 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Sierra Heights?

The current Zillow Home Value Index for Sierra Heights is approximately $542,550.

Are home values rising or falling in Sierra Heights?

Zillow neighborhood values changed -1.7% year over year and -0.02% month over month.

What is the Neighborhood Momentum Score for Sierra Heights?

Sierra Heights has a Neighborhood Momentum Score of 31.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sierra Heights?

The NDS-derived neighborhood median household income is approximately $136,502.

How affordable is Sierra Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 3.97. Price-to-income affordability is a major Value Opportunity input.

Is Sierra Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 89.0%.

What is the unemployment rate in Sierra Heights?

The NDS-derived civilian unemployment rate is approximately 0.4%.

How educated are residents of Sierra Heights?

Approximately 47.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sierra Heights face high rent burden?

Approximately 100.0% 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 Sierra Heights?

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 originations6
Home-purchase applications4
Origination rate60.9%
Home-purchase share37.5%
Average application loan$314,905
Total application loan amount$2,984,451
National application rank#12,635 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.3% YoY; originations 4.9% 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.