Neighborhood Profile

Timp

Provo, UT | Utah County
Scored premium profile
Best Neighborhoods USA Index
37.9
National rank: #11,624 of 14,967
Stability and Strength
43.3
Score
Value Opportunity
36.2
Score
Momentum
31.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationProvo, UT
CountyUtah County
National rank#11,624 of 14,967
State rank#86 of 95
City rank#26 of 32
County rank#48 of 54
National percentile22.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$429,388
Year-over-year home value change-1.1%
Month-over-month home value change-0.17%
Home value to income ratio9.58
Median household income$44,800
Bachelor's degree or higher44.4%
Civilian unemployment rate4.1%
Homeownership rate14.2%
Housing vacancy rate0.9%
Rent burden 30% or higher41.0%

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 Timp

What is the Best Neighborhoods USA ranking for Timp?

Timp is ranked #26 of 32 eligible neighborhoods in Provo; #86 of 95 eligible neighborhoods in UT; and #11,624 of 14,967 eligible neighborhoods in the United States.

Is Timp one of the best neighborhoods in Provo?

Timp has a Best Neighborhoods USA Index of 37.9 and a city ranking of #26 of 32 eligible neighborhoods in Provo.

How much are homes worth in Timp?

The current Zillow Home Value Index for Timp is approximately $429,388.

Are home values rising or falling in Timp?

Zillow neighborhood values changed -1.1% year over year and -0.17% month over month.

What is the Neighborhood Momentum Score for Timp?

Timp has a Neighborhood Momentum Score of 31.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Timp?

The NDS-derived neighborhood median household income is approximately $44,800.

How affordable is Timp relative to household income?

The current Zillow home-value-to-household-income ratio is 9.58. Price-to-income affordability is a major Value Opportunity input.

Is Timp primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 14.2%.

What is the unemployment rate in Timp?

The NDS-derived civilian unemployment rate is approximately 4.1%.

How educated are residents of Timp?

Approximately 44.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Timp face high rent burden?

Approximately 41.0% 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 Timp?

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 applications7
Estimated originations5
Home-purchase applications4
Origination rate69.4%
Home-purchase share63.0%
Average application loan$278,914
Total application loan amount$1,953,989
National application rank#13,213 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.1% YoY; originations 38.8% 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.