Neighborhood Profile

Las Palmeras West

Avondale, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
57.9
National rank: #4,727 of 14,967
Stability and Strength
67.2
Score
Value Opportunity
68.5
Score
Momentum
28.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAvondale, AZ
CountyMaricopa County
National rank#4,727 of 14,967
State rank#271 of 746
City rank#8 of 23
County rank#254 of 546
National percentile68.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$385,756
Year-over-year home value change-1.7%
Month-over-month home value change-0.12%
Home value to income ratio3.25
Median household income$118,837
Bachelor's degree or higher30.6%
Civilian unemployment rate3.5%
Homeownership rate90.4%
Housing vacancy rate9.2%
Rent burden 30% or higher10.2%

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 Las Palmeras West

What is the Best Neighborhoods USA ranking for Las Palmeras West?

Las Palmeras West is ranked #8 of 23 eligible neighborhoods in Avondale; #271 of 746 eligible neighborhoods in AZ; and #4,727 of 14,967 eligible neighborhoods in the United States.

Is Las Palmeras West one of the best neighborhoods in Avondale?

Las Palmeras West has a Best Neighborhoods USA Index of 57.9 and a city ranking of #8 of 23 eligible neighborhoods in Avondale.

How much are homes worth in Las Palmeras West?

The current Zillow Home Value Index for Las Palmeras West is approximately $385,756.

Are home values rising or falling in Las Palmeras West?

Zillow neighborhood values changed -1.7% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Las Palmeras West?

Las Palmeras West has a Neighborhood Momentum Score of 28.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Las Palmeras West?

The NDS-derived neighborhood median household income is approximately $118,837.

How affordable is Las Palmeras West relative to household income?

The current Zillow home-value-to-household-income ratio is 3.25. Price-to-income affordability is a major Value Opportunity input.

Is Las Palmeras West primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 90.4%.

What is the unemployment rate in Las Palmeras West?

The NDS-derived civilian unemployment rate is approximately 3.5%.

How educated are residents of Las Palmeras West?

Approximately 30.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Las Palmeras West face high rent burden?

Approximately 10.2% 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 Las Palmeras West?

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 applications11
Estimated originations7
Home-purchase applications3
Origination rate60.8%
Home-purchase share28.7%
Average application loan$204,649
Total application loan amount$2,244,931
National application rank#12,305 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.4% YoY; originations 44.4% 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.