Neighborhood Profile

Park Villas

Aurora, CO | Arapahoe County
Scored premium profile
Best Neighborhoods USA Index
45.4
National rank: #9,250 of 14,967
Stability and Strength
55.3
Score
Value Opportunity
50.8
Score
Momentum
22.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAurora, CO
CountyArapahoe County
National rank#9,250 of 14,967
State rank#350 of 486
City rank#34 of 68
County rank#42 of 76
National percentile38.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$709,793
Year-over-year home value change-4.1%
Month-over-month home value change0.06%
Home value to income ratio6.70
Median household income$105,969
Bachelor's degree or higher52.7%
Civilian unemployment rate4.9%
Homeownership rate58.2%
Housing vacancy rate6.2%
Rent burden 30% or higher70.3%

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 Park Villas

What is the Best Neighborhoods USA ranking for Park Villas?

Park Villas is ranked #34 of 68 eligible neighborhoods in Aurora; #350 of 486 eligible neighborhoods in CO; and #9,250 of 14,967 eligible neighborhoods in the United States.

Is Park Villas one of the best neighborhoods in Aurora?

Park Villas has a Best Neighborhoods USA Index of 45.4 and a city ranking of #34 of 68 eligible neighborhoods in Aurora.

How much are homes worth in Park Villas?

The current Zillow Home Value Index for Park Villas is approximately $709,793.

Are home values rising or falling in Park Villas?

Zillow neighborhood values changed -4.1% year over year and 0.06% month over month.

What is the Neighborhood Momentum Score for Park Villas?

Park Villas has a Neighborhood Momentum Score of 22.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Villas?

The NDS-derived neighborhood median household income is approximately $105,969.

How affordable is Park Villas relative to household income?

The current Zillow home-value-to-household-income ratio is 6.70. Price-to-income affordability is a major Value Opportunity input.

Is Park Villas primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 58.2%.

What is the unemployment rate in Park Villas?

The NDS-derived civilian unemployment rate is approximately 4.9%.

How educated are residents of Park Villas?

Approximately 52.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Park Villas face high rent burden?

Approximately 70.3% 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 Park Villas?

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 applications35
Estimated originations21
Home-purchase applications16
Origination rate60.9%
Home-purchase share45.9%
Average application loan$301,007
Total application loan amount$10,459,987
National application rank#8,682 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.3% YoY; originations 26.4% 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.