Neighborhood Profile

Allendale

Arvada, CO | Jefferson County
Scored premium profile
Best Neighborhoods USA Index
48.9
National rank: #8,029 of 14,967
Stability and Strength
61.2
Score
Value Opportunity
53.8
Score
Momentum
22.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationArvada, CO
CountyJefferson County
National rank#8,029 of 14,967
State rank#311 of 486
City rank#43 of 59
County rank#46 of 69
National percentile46.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$557,367
Year-over-year home value change-2.8%
Month-over-month home value change-0.10%
Home value to income ratio6.19
Median household income$90,079
Bachelor's degree or higher39.9%
Civilian unemployment rate1.6%
Homeownership rate55.2%
Housing vacancy rate5.3%
Rent burden 30% or higher45.7%

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 Allendale

What is the Best Neighborhoods USA ranking for Allendale?

Allendale is ranked #43 of 59 eligible neighborhoods in Arvada; #311 of 486 eligible neighborhoods in CO; and #8,029 of 14,967 eligible neighborhoods in the United States.

Is Allendale one of the best neighborhoods in Arvada?

Allendale has a Best Neighborhoods USA Index of 48.9 and a city ranking of #43 of 59 eligible neighborhoods in Arvada.

How much are homes worth in Allendale?

The current Zillow Home Value Index for Allendale is approximately $557,367.

Are home values rising or falling in Allendale?

Zillow neighborhood values changed -2.8% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Allendale?

Allendale has a Neighborhood Momentum Score of 22.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Allendale?

The NDS-derived neighborhood median household income is approximately $90,079.

How affordable is Allendale relative to household income?

The current Zillow home-value-to-household-income ratio is 6.19. Price-to-income affordability is a major Value Opportunity input.

Is Allendale primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 55.2%.

What is the unemployment rate in Allendale?

The NDS-derived civilian unemployment rate is approximately 1.6%.

How educated are residents of Allendale?

Approximately 39.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Allendale face high rent burden?

Approximately 45.7% 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 Allendale?

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 applications188
Estimated originations110
Home-purchase applications77
Origination rate58.1%
Home-purchase share41.0%
Average application loan$307,261
Total application loan amount$57,872,990
National application rank#2,230 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.3% YoY; originations -14.9% 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.