Neighborhood Profile

Cascade

Renton, WA | King County
Scored premium profile
Best Neighborhoods USA Index
41.0
National rank: #10,728 of 14,967
Stability and Strength
48.2
Score
Value Opportunity
43.3
Score
Momentum
26.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRenton, WA
CountyKing County
National rank#10,728 of 14,967
State rank#402 of 533
City rank#51 of 58
County rank#239 of 287
National percentile28.3
National bandMIDDLE_50_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$607,740
Year-over-year home value change-2.2%
Month-over-month home value change-0.08%
Home value to income ratio6.75
Median household income$90,078
Bachelor's degree or higher30.2%
Civilian unemployment rate6.7%
Homeownership rate59.9%
Housing vacancy rate3.4%
Rent burden 30% or higher55.4%

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 Cascade

What is the Best Neighborhoods USA ranking for Cascade?

Cascade is ranked #51 of 58 eligible neighborhoods in Renton; #402 of 533 eligible neighborhoods in WA; and #10,728 of 14,967 eligible neighborhoods in the United States.

Is Cascade one of the best neighborhoods in Renton?

Cascade has a Best Neighborhoods USA Index of 41.0 and a city ranking of #51 of 58 eligible neighborhoods in Renton.

How much are homes worth in Cascade?

The current Zillow Home Value Index for Cascade is approximately $607,740.

Are home values rising or falling in Cascade?

Zillow neighborhood values changed -2.2% year over year and -0.08% month over month.

What is the Neighborhood Momentum Score for Cascade?

Cascade has a Neighborhood Momentum Score of 26.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cascade?

The NDS-derived neighborhood median household income is approximately $90,078.

How affordable is Cascade relative to household income?

The current Zillow home-value-to-household-income ratio is 6.75. Price-to-income affordability is a major Value Opportunity input.

Is Cascade primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.9%.

What is the unemployment rate in Cascade?

The NDS-derived civilian unemployment rate is approximately 6.7%.

How educated are residents of Cascade?

Approximately 30.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cascade face high rent burden?

Approximately 55.4% 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 Cascade?

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 applications272
Estimated originations152
Home-purchase applications114
Origination rate56.1%
Home-purchase share42.0%
Average application loan$354,006
Total application loan amount$96,146,249
National application rank#1,382 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -3.1% YoY; originations -4.9% 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.