Neighborhood Profile

Concord Village

Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
48.9
National rank: #8,044 of 14,967
Stability and Strength
53.8
Score
Value Opportunity
59.6
Score
Momentum
25.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesa, AZ
CountyMaricopa County
National rank#8,044 of 14,967
State rank#470 of 746
City rank#100 of 160
County rank#411 of 546
National percentile46.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$384,740
Year-over-year home value change-1.5%
Month-over-month home value change-0.29%
Home value to income ratio4.76
Median household income$80,847
Bachelor's degree or higher52.9%
Civilian unemployment rate3.4%
Homeownership rate51.8%
Housing vacancy rate4.9%
Rent burden 30% or higher66.9%

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 Concord Village

What is the Best Neighborhoods USA ranking for Concord Village?

Concord Village is ranked #100 of 160 eligible neighborhoods in Mesa; #470 of 746 eligible neighborhoods in AZ; and #8,044 of 14,967 eligible neighborhoods in the United States.

Is Concord Village one of the best neighborhoods in Mesa?

Concord Village has a Best Neighborhoods USA Index of 48.9 and a city ranking of #100 of 160 eligible neighborhoods in Mesa.

How much are homes worth in Concord Village?

The current Zillow Home Value Index for Concord Village is approximately $384,740.

Are home values rising or falling in Concord Village?

Zillow neighborhood values changed -1.5% year over year and -0.29% month over month.

What is the Neighborhood Momentum Score for Concord Village?

Concord Village has a Neighborhood Momentum Score of 25.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Concord Village?

The NDS-derived neighborhood median household income is approximately $80,847.

How affordable is Concord Village relative to household income?

The current Zillow home-value-to-household-income ratio is 4.76. Price-to-income affordability is a major Value Opportunity input.

Is Concord Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.8%.

What is the unemployment rate in Concord Village?

The NDS-derived civilian unemployment rate is approximately 3.4%.

How educated are residents of Concord Village?

Approximately 52.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Concord Village face high rent burden?

Approximately 66.9% 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 Concord Village?

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 applications14
Estimated originations9
Home-purchase applications4
Origination rate61.4%
Home-purchase share31.0%
Average application loan$210,241
Total application loan amount$2,959,700
National application rank#11,667 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.2% YoY; originations -2.2% 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.