Neighborhood Profile

Okane Park

Lakewood, CO | Jefferson County
Scored premium profile
Best Neighborhoods USA Index
48.5
National rank: #8,184 of 14,967
Stability and Strength
62.8
Score
Value Opportunity
52.5
Score
Momentum
20.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLakewood, CO
CountyJefferson County
National rank#8,184 of 14,967
State rank#316 of 486
City rank#4 of 12
County rank#47 of 69
National percentile45.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$547,278
Year-over-year home value change-5.1%
Month-over-month home value change0.07%
Home value to income ratio6.53
Median household income$83,870
Bachelor's degree or higher38.2%
Civilian unemployment rate2.3%
Homeownership rate71.6%
Housing vacancy rate1.7%
Rent burden 30% or higher51.1%

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 Okane Park

What is the Best Neighborhoods USA ranking for Okane Park?

Okane Park is ranked #4 of 12 eligible neighborhoods in Lakewood; #316 of 486 eligible neighborhoods in CO; and #8,184 of 14,967 eligible neighborhoods in the United States.

Is Okane Park one of the best neighborhoods in Lakewood?

Okane Park has a Best Neighborhoods USA Index of 48.5 and a city ranking of #4 of 12 eligible neighborhoods in Lakewood.

How much are homes worth in Okane Park?

The current Zillow Home Value Index for Okane Park is approximately $547,278.

Are home values rising or falling in Okane Park?

Zillow neighborhood values changed -5.1% year over year and 0.07% month over month.

What is the Neighborhood Momentum Score for Okane Park?

Okane Park has a Neighborhood Momentum Score of 20.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Okane Park?

The NDS-derived neighborhood median household income is approximately $83,870.

How affordable is Okane Park relative to household income?

The current Zillow home-value-to-household-income ratio is 6.53. Price-to-income affordability is a major Value Opportunity input.

Is Okane Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 71.6%.

What is the unemployment rate in Okane Park?

The NDS-derived civilian unemployment rate is approximately 2.3%.

How educated are residents of Okane Park?

Approximately 38.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 51.1% 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 Okane Park?

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 applications91
Estimated originations52
Home-purchase applications40
Origination rate56.9%
Home-purchase share43.7%
Average application loan$299,159
Total application loan amount$27,222,149
National application rank#4,720 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.0% YoY; originations -1.9% 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.