Neighborhood Profile

Historic Avondale

Avondale, AZ | Maricopa County
Scored premium profile
Best Neighborhoods USA Index
32.4
National rank: #13,000 of 14,967
Stability and Strength
32.8
Score
Value Opportunity
42.1
Score
Momentum
18.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAvondale, AZ
CountyMaricopa County
National rank#13,000 of 14,967
State rank#658 of 746
City rank#22 of 23
County rank#520 of 546
National percentile13.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$297,883
Year-over-year home value change-2.7%
Month-over-month home value change-0.29%
Home value to income ratio4.79
Median household income$62,179
Bachelor's degree or higher7.5%
Civilian unemployment rate6.7%
Homeownership rate45.8%
Housing vacancy rate3.7%
Rent burden 30% or higher51.3%

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 Historic Avondale

What is the Best Neighborhoods USA ranking for Historic Avondale?

Historic Avondale is ranked #22 of 23 eligible neighborhoods in Avondale; #658 of 746 eligible neighborhoods in AZ; and #13,000 of 14,967 eligible neighborhoods in the United States.

Is Historic Avondale one of the best neighborhoods in Avondale?

Historic Avondale has a Best Neighborhoods USA Index of 32.4 and a city ranking of #22 of 23 eligible neighborhoods in Avondale.

How much are homes worth in Historic Avondale?

The current Zillow Home Value Index for Historic Avondale is approximately $297,883.

Are home values rising or falling in Historic Avondale?

Zillow neighborhood values changed -2.7% year over year and -0.29% month over month.

What is the Neighborhood Momentum Score for Historic Avondale?

Historic Avondale has a Neighborhood Momentum Score of 18.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Historic Avondale?

The NDS-derived neighborhood median household income is approximately $62,179.

How affordable is Historic Avondale relative to household income?

The current Zillow home-value-to-household-income ratio is 4.79. Price-to-income affordability is a major Value Opportunity input.

Is Historic Avondale primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.8%.

What is the unemployment rate in Historic Avondale?

The NDS-derived civilian unemployment rate is approximately 6.7%.

How educated are residents of Historic Avondale?

Approximately 7.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Historic Avondale face high rent burden?

Approximately 51.3% 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 Historic Avondale?

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 applications91
Estimated originations45
Home-purchase applications39
Origination rate48.8%
Home-purchase share42.1%
Average application loan$214,941
Total application loan amount$19,665,425
National application rank#4,700 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.1% YoY; originations 0.3% 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.