What is the Best Neighborhoods USA ranking for Walnut Meadows?
Walnut Meadows is ranked #33 of 49 eligible neighborhoods in Flagstaff; #487 of 746 eligible neighborhoods in AZ; and #8,698 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Walnut Meadows
Flagstaff, AZ | Coconino County
Scored premium profile
Best Neighborhoods USA Index
47.0
Stability and Strength
50.8
Value Opportunity
37.3
Momentum
54.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Flagstaff, AZ |
| County | Coconino County |
| National rank | #8,698 of 14,967 |
| State rank | #487 of 746 |
| City rank | #33 of 49 |
| County rank | #33 of 49 |
| National percentile | 41.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $835,614 |
| Year-over-year home value change | -0.3% |
| Month-over-month home value change | 0.59% |
| Home value to income ratio | 10.32 |
| Median household income | $80,962 |
| Bachelor's degree or higher | 65.4% |
| Civilian unemployment rate | 4.4% |
| Homeownership rate | 71.1% |
| Housing vacancy rate | 37.2% |
| Rent burden 30% or higher | 86.9% |
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 Walnut Meadows
Is Walnut Meadows one of the best neighborhoods in Flagstaff?
Walnut Meadows has a Best Neighborhoods USA Index of 47.0 and a city ranking of #33 of 49 eligible neighborhoods in Flagstaff.
How much are homes worth in Walnut Meadows?
The current Zillow Home Value Index for Walnut Meadows is approximately $835,614.
Are home values rising or falling in Walnut Meadows?
Zillow neighborhood values changed -0.3% year over year and 0.59% month over month.
What is the Neighborhood Momentum Score for Walnut Meadows?
Walnut Meadows has a Neighborhood Momentum Score of 54.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Walnut Meadows?
The NDS-derived neighborhood median household income is approximately $80,962.
How affordable is Walnut Meadows relative to household income?
The current Zillow home-value-to-household-income ratio is 10.32. Price-to-income affordability is a major Value Opportunity input.
Is Walnut Meadows primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 71.1%.
What is the unemployment rate in Walnut Meadows?
The NDS-derived civilian unemployment rate is approximately 4.4%.
How educated are residents of Walnut Meadows?
Approximately 65.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Walnut Meadows face high rent burden?
Approximately 86.9% 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 Walnut Meadows?
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 applications1
Estimated originations1
Home-purchase applications0
Origination rate71.2%
Home-purchase share51.4%
Average application loan$508,784
Total application loan amount$455,159
National application rank#14,806 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 94.7% YoY; originations 102.6% 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.