What is the Best Neighborhoods USA ranking for Forest Highlands?
Forest Highlands is ranked #26 of 27 eligible neighborhoods in Lake Oswego; #136 of 254 eligible neighborhoods in OR; and #7,320 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Forest Highlands
Lake Oswego, OR | Clackamas County
Scored premium profile
Best Neighborhoods USA Index
50.9
Stability and Strength
48.4
Value Opportunity
35.1
Momentum
76.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Lake Oswego, OR |
| County | Clackamas County |
| National rank | #7,320 of 14,967 |
| State rank | #136 of 254 |
| City rank | #26 of 27 |
| County rank | #39 of 51 |
| National percentile | 51.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,467,326 |
| Year-over-year home value change | 4.0% |
| Month-over-month home value change | 0.25% |
| Home value to income ratio | 13.64 |
| Median household income | $107,544 |
| Bachelor's degree or higher | 64.0% |
| Civilian unemployment rate | 18.4% |
| Homeownership rate | 56.4% |
| Housing vacancy rate | 8.5% |
| Rent burden 30% or higher | 63.7% |
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 Forest Highlands
Is Forest Highlands one of the best neighborhoods in Lake Oswego?
Forest Highlands has a Best Neighborhoods USA Index of 50.9 and a city ranking of #26 of 27 eligible neighborhoods in Lake Oswego.
How much are homes worth in Forest Highlands?
The current Zillow Home Value Index for Forest Highlands is approximately $1,467,326.
Are home values rising or falling in Forest Highlands?
Zillow neighborhood values changed 4.0% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Forest Highlands?
Forest Highlands has a Neighborhood Momentum Score of 76.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Forest Highlands?
The NDS-derived neighborhood median household income is approximately $107,544.
How affordable is Forest Highlands relative to household income?
The current Zillow home-value-to-household-income ratio is 13.64. Price-to-income affordability is a major Value Opportunity input.
Is Forest Highlands primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 56.4%.
What is the unemployment rate in Forest Highlands?
The NDS-derived civilian unemployment rate is approximately 18.4%.
How educated are residents of Forest Highlands?
Approximately 64.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Forest Highlands face high rent burden?
Approximately 63.7% 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 Forest Highlands?
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
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 applications81
Estimated originations51
Home-purchase applications35
Origination rate63.4%
Home-purchase share42.9%
Average application loan$882,268
Total application loan amount$71,198,227
National application rank#5,196 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.9% YoY; originations 5.2% 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.