Neighborhood Profile

Park Forest-Oakcrest

Baton Rouge, LA | East Baton Rouge Parish
Scored premium profile
Best Neighborhoods USA Index
33.5
National rank: #12,734 of 14,967
Stability and Strength
24.4
Score
Value Opportunity
23.7
Score
Momentum
61.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaton Rouge, LA
CountyEast Baton Rouge Parish
National rank#12,734 of 14,967
State rank#107 of 147
City rank#39 of 53
County rank#39 of 53
National percentile14.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$225,050
Year-over-year home value change0.4%
Month-over-month home value change0.74%
Home value to income ratio6.11
Median household income$36,820
Bachelor's degree or higher16.6%
Civilian unemployment rate22.2%
Homeownership rate65.0%
Housing vacancy rate10.3%
Rent burden 30% or higher46.3%

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 Forest-Oakcrest

What is the Best Neighborhoods USA ranking for Park Forest-Oakcrest?

Park Forest-Oakcrest is ranked #39 of 53 eligible neighborhoods in Baton Rouge; #107 of 147 eligible neighborhoods in LA; and #12,734 of 14,967 eligible neighborhoods in the United States.

Is Park Forest-Oakcrest one of the best neighborhoods in Baton Rouge?

Park Forest-Oakcrest has a Best Neighborhoods USA Index of 33.5 and a city ranking of #39 of 53 eligible neighborhoods in Baton Rouge.

How much are homes worth in Park Forest-Oakcrest?

The current Zillow Home Value Index for Park Forest-Oakcrest is approximately $225,050.

Are home values rising or falling in Park Forest-Oakcrest?

Zillow neighborhood values changed 0.4% year over year and 0.74% month over month.

What is the Neighborhood Momentum Score for Park Forest-Oakcrest?

Park Forest-Oakcrest has a Neighborhood Momentum Score of 61.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Forest-Oakcrest?

The NDS-derived neighborhood median household income is approximately $36,820.

How affordable is Park Forest-Oakcrest relative to household income?

The current Zillow home-value-to-household-income ratio is 6.11. Price-to-income affordability is a major Value Opportunity input.

Is Park Forest-Oakcrest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.0%.

What is the unemployment rate in Park Forest-Oakcrest?

The NDS-derived civilian unemployment rate is approximately 22.2%.

How educated are residents of Park Forest-Oakcrest?

Approximately 16.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Park Forest-Oakcrest face high rent burden?

Approximately 46.3% 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 Forest-Oakcrest?

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 applications197
Estimated originations92
Home-purchase applications76
Origination rate46.4%
Home-purchase share38.3%
Average application loan$149,766
Total application loan amount$29,578,686
National application rank#2,098 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.7% YoY; originations 41.7% 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.