What is the Best Neighborhoods USA ranking for Wasatch?
Wasatch is ranked #9 of 32 eligible neighborhoods in Provo; #19 of 95 eligible neighborhoods in UT; and #2,061 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Wasatch
Provo, UT | Utah County
Scored premium profile
Best Neighborhoods USA Index
66.7
Stability and Strength
62.3
Value Opportunity
56.2
Momentum
88.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Provo, UT |
| County | Utah County |
| National rank | #2,061 of 14,967 |
| State rank | #19 of 95 |
| City rank | #9 of 32 |
| County rank | #13 of 54 |
| National percentile | 86.2 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $696,580 |
| Year-over-year home value change | 5.9% |
| Month-over-month home value change | 0.50% |
| Home value to income ratio | 6.42 |
| Median household income | $108,479 |
| Bachelor's degree or higher | 77.7% |
| Civilian unemployment rate | 8.1% |
| Homeownership rate | 70.7% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 74.5% |
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 Wasatch
Is Wasatch one of the best neighborhoods in Provo?
Wasatch has a Best Neighborhoods USA Index of 66.7 and a city ranking of #9 of 32 eligible neighborhoods in Provo.
How much are homes worth in Wasatch?
The current Zillow Home Value Index for Wasatch is approximately $696,580.
Are home values rising or falling in Wasatch?
Zillow neighborhood values changed 5.9% year over year and 0.50% month over month.
What is the Neighborhood Momentum Score for Wasatch?
Wasatch has a Neighborhood Momentum Score of 88.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Wasatch?
The NDS-derived neighborhood median household income is approximately $108,479.
How affordable is Wasatch relative to household income?
The current Zillow home-value-to-household-income ratio is 6.42. Price-to-income affordability is a major Value Opportunity input.
Is Wasatch primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 70.7%.
What is the unemployment rate in Wasatch?
The NDS-derived civilian unemployment rate is approximately 8.1%.
How educated are residents of Wasatch?
Approximately 77.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Wasatch face high rent burden?
Approximately 74.5% 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 Wasatch?
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 applications9
Estimated originations6
Home-purchase applications3
Origination rate59.5%
Home-purchase share32.5%
Average application loan$411,580
Total application loan amount$3,880,520
National application rank#12,655 of 14,874 rankable neighborhoods
Geometry coverage99.9%
Recent trend: Applications 1.4% YoY; originations -11.9% 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.