What is the Best Neighborhoods USA ranking for Parkwood Ranch?
Parkwood Ranch is ranked #44 of 160 eligible neighborhoods in Mesa; #256 of 746 eligible neighborhoods in AZ; and #4,419 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Parkwood Ranch
Mesa, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
58.8
Stability and Strength
69.5
Value Opportunity
75.4
Momentum
18.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Mesa, AZ |
| County | Maricopa County |
| National rank | #4,419 of 14,967 |
| State rank | #256 of 746 |
| City rank | #44 of 160 |
| County rank | #239 of 546 |
| National percentile | 70.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $442,945 |
| Year-over-year home value change | -2.7% |
| Month-over-month home value change | -0.29% |
| Home value to income ratio | 3.65 |
| Median household income | $121,336 |
| Bachelor's degree or higher | 38.0% |
| Civilian unemployment rate | 1.5% |
| Homeownership rate | 89.2% |
| Housing vacancy rate | 1.6% |
| Rent burden 30% or higher | 79.2% |
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 Parkwood Ranch
Is Parkwood Ranch one of the best neighborhoods in Mesa?
Parkwood Ranch has a Best Neighborhoods USA Index of 58.8 and a city ranking of #44 of 160 eligible neighborhoods in Mesa.
How much are homes worth in Parkwood Ranch?
The current Zillow Home Value Index for Parkwood Ranch is approximately $442,945.
Are home values rising or falling in Parkwood Ranch?
Zillow neighborhood values changed -2.7% year over year and -0.29% month over month.
What is the Neighborhood Momentum Score for Parkwood Ranch?
Parkwood Ranch has a Neighborhood Momentum Score of 18.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Parkwood Ranch?
The NDS-derived neighborhood median household income is approximately $121,336.
How affordable is Parkwood Ranch relative to household income?
The current Zillow home-value-to-household-income ratio is 3.65. Price-to-income affordability is a major Value Opportunity input.
Is Parkwood Ranch primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.2%.
What is the unemployment rate in Parkwood Ranch?
The NDS-derived civilian unemployment rate is approximately 1.5%.
How educated are residents of Parkwood Ranch?
Approximately 38.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Parkwood Ranch face high rent burden?
Approximately 79.2% 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 Parkwood Ranch?
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
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 applications80
Estimated originations53
Home-purchase applications28
Origination rate66.1%
Home-purchase share35.5%
Average application loan$257,243
Total application loan amount$20,596,093
National application rank#5,234 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.2% YoY; originations 25.2% 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.