Neighborhood Profile

Araby Commons

Palm Springs, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
35.3
National rank: #12,301 of 14,967
Stability and Strength
36.2
Score
Value Opportunity
27.1
Score
Momentum
45.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalm Springs, CA
CountyRiverside County
National rank#12,301 of 14,967
State rank#1,524 of 1,814
City rank#24 of 37
County rank#87 of 113
National percentile17.8
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,194,664
Year-over-year home value change1.3%
Month-over-month home value change-0.35%
Home value to income ratio16.90
Median household income$70,691
Bachelor's degree or higher51.0%
Civilian unemployment rate9.7%
Homeownership rate19.5%
Housing vacancy rate9.4%
Rent burden 30% or higher52.9%

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 Araby Commons

What is the Best Neighborhoods USA ranking for Araby Commons?

Araby Commons is ranked #24 of 37 eligible neighborhoods in Palm Springs; #1,524 of 1,814 eligible neighborhoods in CA; and #12,301 of 14,967 eligible neighborhoods in the United States.

Is Araby Commons one of the best neighborhoods in Palm Springs?

Araby Commons has a Best Neighborhoods USA Index of 35.3 and a city ranking of #24 of 37 eligible neighborhoods in Palm Springs.

How much are homes worth in Araby Commons?

The current Zillow Home Value Index for Araby Commons is approximately $1,194,664.

Are home values rising or falling in Araby Commons?

Zillow neighborhood values changed 1.3% year over year and -0.35% month over month.

What is the Neighborhood Momentum Score for Araby Commons?

Araby Commons has a Neighborhood Momentum Score of 45.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Araby Commons?

The NDS-derived neighborhood median household income is approximately $70,691.

How affordable is Araby Commons relative to household income?

The current Zillow home-value-to-household-income ratio is 16.90. Price-to-income affordability is a major Value Opportunity input.

Is Araby Commons primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 19.5%.

What is the unemployment rate in Araby Commons?

The NDS-derived civilian unemployment rate is approximately 9.7%.

How educated are residents of Araby Commons?

Approximately 51.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Araby Commons face high rent burden?

Approximately 52.9% 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 Araby Commons?

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 applications0
Estimated originations0
Home-purchase applications0
Origination rate59.1%
Home-purchase share56.8%
Average application loan$714,545
Total application loan amount$200,277
National application rank#14,859 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.2% YoY; originations 4.0% 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.