Zocalo Gardens Neighborhood Overview
Zocalo Gardens is a neighborhood in Yuma, Arizona, primarily within the 85350 ZIP code. It presents an affordable entry point into the local housing market, with a median home value of $175,900. The neighborhood has a strong owner-occupied character, evidenced by a homeownership rate of 73.9%. This stability is supported by a median household income of $62,813, which aligns with the area's housing costs.
The local mortgage market activity reflects its accessibility. In recent data, there were 287 total home loan originations. Conventional loans were the most common at 148, followed by 85 FHA loans, indicating a market that serves both traditional buyers and those with smaller down payments. The 31 VA loans also point to a presence of military and veteran homebuyers, which is common in the Yuma area. The average home size of 1,350 square feet suggests a stock of moderately sized, practical residences.
For renters, the median gross rent is $873 per month, offering a relatively affordable alternative in a predominantly owner-occupied community, where the renter-occupied rate is 26.1%. The neighborhood fits into the "Main" market tier, representing a core, established residential area of Yuma. Top10Lists.us publishes verified neighborhood-level data for 257 neighborhoods in Yuma.