Valencia West CDP Arizona Area Home Supply Charts

This page looks at a variety of Valencia West CDP Arizona housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Valencia West CDP shows it has a Housing Units of 4,221 which is in the mid range of other places in the surrounding region.

Figure 2 illustrates the housing density in the Valencia West CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Valencia West CDP shows it has a Housing Density of 426.1 which is less than most other places in the metro area. The place with the highest housing density in the area is South Tucson which depicts a density of 2094.9 (approximately 4.9 times bigger). Comparing housing density to the United States average of 39.2, Valencia West CDP is substantially bigger. Also, benchmarked against the state of Arizona, housing density of 26.8, Valencia West CDP is substantially bigger.

In Figure 4, Valencia West CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Valencia West CDP depicts it has a Housing Unit Change of 31.7% which is more than all other places in the greater Valencia West CDP region. Comparing change in the housing units to the United States average of 6.5%, Valencia West CDP is approximately 4.9 times bigger. Also, benchmarked against the state of Arizona, change in the housing units of 6.9%, Valencia West CDP is approximately 4.6 times bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Valencia West CDP depicts it has a Renter Percent of 12.4% which is less than most other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 87.6% which is the third most owner percent of all other places in the greater Valencia West CDP region.

Valencia West CDP Arizona Home Cost Charts

Looking at the housing data provided in Figure 7, the average Valencia West CDP home price is illustrated for this community and a useful analysis of affordable housing. Valencia West CDP shows it has a Median Home Value of $200,300 which is more than all other places in the greater Valencia West CDP region. Figure 8 provides aggregate comparative data for the Valencia West CDP Arizona metro area in terms of the median housing rental rate, apartment rent, etc. Valencia West CDP depicts it has a Median Gross Rent of $1,137 which is the highest of all places in the area. Comparing rental rates to the United States average of $1,096, Valencia West CDP is only about 3.7% larger. Also, compared to the state of Arizona, rental rates of $1,097, Valencia West CDP is only about 3.6% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Valencia West CDP has the smallest proportion of home price worth less than $50,000 at 6% of the total. Second, it has the largest proportion of home price worth between $100,000 to $200,000 at 46% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Valencia West CDP shows it has a Median Owner Cost of $1,203 which is the highest of all places in the greater Valencia West CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Valencia West CDP metro area. it has a Owner Cost as % of HH Income of 19% which is the second most cost as a percent of household income of all the places in the greater Valencia West CDP region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Valencia West CDP shows it has a Median Home Value as Percent of Median Earnings of 411% which is at the top of all other places in the metropolitan area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Valencia West CDP depicts it has a Median Owner Costs-With Mortgage of $1,406 which is the highest of all places in the greater region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $394 which is the third most median housing cost of all other places in the greater Valencia West CDP region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Valencia West CDP has the smallest proportion of owner cost less than $300 at 14% of the total. Second, it has the smallest proportion of owner cost between $300 and $500 at 9% of the total. Third, it has the smallest proportion of owner cost between $500 and $700 at 13% of the total. Also, it has one of the largest proportions of owner cost between $700 and $1,000 at 27% of the total and is ranked #2. The only larger place being Drexel Heights CDP with 37%. In addition, it has the largest proportion of owner cost between $1,000 and $1,500 at 27% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $1,500 and $2,000 at 4% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Valencia West CDP shows it has a % of Income Owner Costs-With Mortgage of 26% which is the second most cost as a percent of household income of all the places in the greater Valencia West CDP region. The place with the highest cost as a percent of household income in the area is Summit CDP which shows a cost as a percent of household income of 28% (7.4% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Valencia West CDP depicts it has a % of Income Owner Costs-No Mortgage of 9% which is less than most other places in the local area. The place with the highest cost as a percent of household income in the area is Flowing Wells CDP which shows a cost as a percent of household income of 24% (approximately 2.6 times bigger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Valencia West CDP has the largest proportion of rent as a percent of income is less than 10 pct at 24% of the total and is ranked #1. Second, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 26% of the total and is ranked #3. Only #2 Three Points CDP (27%), and #1 Tucson Estates CDP (32%) are larger.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Valencia West CDP has the smallest proportion of housing cost less than $300 at 11% of the total. Second, it has the smallest proportion of housing cost between $300 and $500 at 8% of the total. Third, it has the smallest proportion of housing cost between $500 and $700 at 14% of the total. Also, it has the largest proportion of housing cost between $1,000 and $1,500 at 24% of the total and is ranked #1. In addition, it has the largest proportion of housing cost between $1,500 and $2,000 at 4% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $1,930 which is the largest of all places in the greater Valencia West CDP region. Comparing median real estate taxes paid to the United States average of $2,551, Valencia West CDP is approximately three-fourths the size. Also, benchmarked against the state of Arizona, median real estate taxes paid of $1,559, Valencia West CDP is 23.8% larger.

Figure 23 shows the rental rate distribution for this area. Valencia West CDP Arizona has the smallest proportion of rent between 300 and 500 dollars at 12% of the total. Second, it has the second smallest when ranked by rent less than 300 dollars of all the other places in the metropolitan area when sorted by rent between 500 and 750 dollars at 6% of the total. Third, it has the largest proportion of rent between 750 and 1000 dollars at 61% of the total and is ranked #1.

Valencia West CDP Arizona Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Valencia West CDP has the largest proportion of With mortgage at 66% of the total and is ranked #1. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 9% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 8% of the total and is ranked #1. Also, it has the smallest proportion of With HELOC no Primary Mortgage at 25% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Valencia West CDP has the smallest proportion of houses with mortgages at 25% of the total.

Valencia West CDP Arizona Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.6 which is in the center range of other places in the metro area. The place with the highest family members per housing unit in the area is Summit CDP which depicts a family members per housing unit of 4.4 (21.4% larger). Comparing family members per housing unit to the United States average of 3.3, Valencia West CDP is 9.7% larger. Also, measured against the state of Arizona, family members per housing unit of 3.4, Valencia West CDP is 7.6% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.1 which is the largest of all places in the local area. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 2005 which is more than all other places in the local area.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built in 2014 or later at 14% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2010 to 2013 at 52% of the total and is ranked #1. Third, it has the second smallest in terms of homes built in 2014 or later of all the other places in the local area in terms of homes built between 2000 to 2009 at 10% of the total. Also, it has the smallest proportion of homes built between 1990 to 1999 at 4% of the total. In addition, it has the smallest proportion of homes built between 1980 to 1989 at 6% of the total. Furthermore, it has the second smallest when sorted by homes built in 2014 or later of all the other places in the greater region in order of homes built between 1970 to 1979 at 4% of the total. Next it has the smallest proportion of homes built between 1960 to 1969 at 1% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid range of other places in the local area at 484 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the percentage of 50 or more units the second smallest in order of one unit detached of all the other places in the metropolitan area at 13% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $191,000 of the total and is ranked #2. The only larger place being Flowing Wells CDP with $222,900. Second, it has the largest proportion of value of homes built 2010 to 2013 at $209,300 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 2000 to 2009 at $143,600 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $111,600 of the total and is ranked #3. Only #2 Drexel Heights CDP ($139,000), and #1 Three Points CDP ($191,900) are larger. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $155,200 of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 8% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Valencia West CDP residents. it has a Owner-Household Size of 3.1 which is in the middle range of other places in the metro area. The place with the highest homeowner household size in the area is Summit CDP which indicates a homeowner household size of 4.3 (39.7% larger).

Figure 37 shows the household size for renters. Valencia West CDP depicts it has a Renter-Household Size of 3.3 which is at the top of all other places in the greater Valencia West CDP region. Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2019 or later at 24% of the total and is ranked #2. The only larger place being Flowing Wells CDP with 32%. Second, it has the largest proportion of owners moved in 2015 to 2018 at 35% of the total and is ranked #1. Third, it has the smallest proportion of owners moved in 2000 to 2009 at 7% of the total. Also, it has the smallest proportion of owners moved in 1990 to 1999 at 4% of the total. Figure 39 shows the year that people who rent moved into the area. Valencia West CDP has one of the largest proportions of renters moved in 2019 or later at 51% of the total and is ranked #3. Only #2 South Tucson (54%), and #1 Drexel Heights CDP (58%) are larger. Second, it has one of the largest proportions of renters moved in 2015 to 2018 at 34% of the total and is ranked #2. The only larger place being Summit CDP with 39%. Third, it has the second smallest in terms of renters moved in 2019 or later of all the other places in the metro area in order of renters moved in 2010 to 2014 at 4% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2011 which is the largest of all places in the greater region. Figure 41 compares the median year that renters moved into their home. Valencia West CDP shows it has a Renter Median Year Moved In of 2016 which is the second most median year that a renter moved in of all the places in the greater Valencia West CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 24% of the total. Second, it has one of the largest proportions of homes using solar energy at 0% of the total and is ranked #3. Only #2 Three Points CDP (6%), and #1 Summit CDP (10%) are larger.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Valencia West CDP housing department, Arizona department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Valencia West CDP depicts it has a Total In Group Quarters of 23 which is the third most of all other places in the area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Valencia West CDP residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Valencia West CDP has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.