What is the Best Neighborhoods USA ranking for Amberwood?
Amberwood is ranked #18 of 49 eligible neighborhoods in Flagstaff; #349 of 746 eligible neighborhoods in AZ; and #6,049 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Amberwood
Flagstaff, AZ | Coconino County
Scored premium profile
Best Neighborhoods USA Index
54.2
Stability and Strength
56.0
Value Opportunity
38.0
Momentum
74.2
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 | #6,049 of 14,967 |
| State rank | #349 of 746 |
| City rank | #18 of 49 |
| County rank | #18 of 49 |
| National percentile | 59.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,205,152 |
| Year-over-year home value change | 3.5% |
| Month-over-month home value change | 0.25% |
| Home value to income ratio | 14.51 |
| Median household income | $83,050 |
| Bachelor's degree or higher | 66.7% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 72.5% |
| Housing vacancy rate | 35.4% |
| Rent burden 30% or higher | 79.7% |
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 Amberwood
Is Amberwood one of the best neighborhoods in Flagstaff?
Amberwood has a Best Neighborhoods USA Index of 54.2 and a city ranking of #18 of 49 eligible neighborhoods in Flagstaff.
How much are homes worth in Amberwood?
The current Zillow Home Value Index for Amberwood is approximately $1,205,152.
Are home values rising or falling in Amberwood?
Zillow neighborhood values changed 3.5% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Amberwood?
Amberwood has a Neighborhood Momentum Score of 74.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Amberwood?
The NDS-derived neighborhood median household income is approximately $83,050.
How affordable is Amberwood relative to household income?
The current Zillow home-value-to-household-income ratio is 14.51. Price-to-income affordability is a major Value Opportunity input.
Is Amberwood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.5%.
What is the unemployment rate in Amberwood?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Amberwood?
Approximately 66.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Amberwood face high rent burden?
Approximately 79.7% 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 Amberwood?
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 applications2
Estimated originations1
Home-purchase applications1
Origination rate63.7%
Home-purchase share49.8%
Average application loan$466,618
Total application loan amount$799,403
National application rank#14,649 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 55.9% YoY; originations 55.6% 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.