Neighborhood Profile

Towngate

Moreno Valley, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
51.8
National rank: #7,002 of 14,967
Stability and Strength
53.5
Score
Value Opportunity
55.9
Score
Momentum
43.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMoreno Valley, CA
CountyRiverside County
National rank#7,002 of 14,967
State rank#803 of 1,814
City rank#4 of 25
County rank#22 of 113
National percentile53.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$560,529
Year-over-year home value change0.2%
Month-over-month home value change-0.09%
Home value to income ratio4.99
Median household income$112,298
Bachelor's degree or higher27.2%
Civilian unemployment rate5.7%
Homeownership rate54.1%
Housing vacancy rate1.8%
Rent burden 30% or higher51.2%

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 Towngate

What is the Best Neighborhoods USA ranking for Towngate?

Towngate is ranked #4 of 25 eligible neighborhoods in Moreno Valley; #803 of 1,814 eligible neighborhoods in CA; and #7,002 of 14,967 eligible neighborhoods in the United States.

Is Towngate one of the best neighborhoods in Moreno Valley?

Towngate has a Best Neighborhoods USA Index of 51.8 and a city ranking of #4 of 25 eligible neighborhoods in Moreno Valley.

How much are homes worth in Towngate?

The current Zillow Home Value Index for Towngate is approximately $560,529.

Are home values rising or falling in Towngate?

Zillow neighborhood values changed 0.2% year over year and -0.09% month over month.

What is the Neighborhood Momentum Score for Towngate?

Towngate has a Neighborhood Momentum Score of 43.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Towngate?

The NDS-derived neighborhood median household income is approximately $112,298.

How affordable is Towngate relative to household income?

The current Zillow home-value-to-household-income ratio is 4.99. Price-to-income affordability is a major Value Opportunity input.

Is Towngate primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 54.1%.

What is the unemployment rate in Towngate?

The NDS-derived civilian unemployment rate is approximately 5.7%.

How educated are residents of Towngate?

Approximately 27.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Towngate face high rent burden?

Approximately 51.2% 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 Towngate?

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 applications89
Estimated originations52
Home-purchase applications29
Origination rate57.8%
Home-purchase share32.1%
Average application loan$295,769
Total application loan amount$26,461,991
National application rank#4,783 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 45.4% YoY; originations 92.9% 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.