Neighborhood Profile

Oread

Lawrence, KS | Douglas County
Scored premium profile
Best Neighborhoods USA Index
35.1
National rank: #12,359 of 14,967
Stability and Strength
23.9
Score
Value Opportunity
21.3
Score
Momentum
72.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLawrence, KS
CountyDouglas County
National rank#12,359 of 14,967
State rank#176 of 187
City rank#20 of 20
County rank#20 of 20
National percentile17.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$406,885
Year-over-year home value change6.7%
Month-over-month home value change-0.22%
Home value to income ratio12.89
Median household income$31,560
Bachelor's degree or higher52.4%
Civilian unemployment rate7.8%
Homeownership rate6.0%
Housing vacancy rate15.4%
Rent burden 30% or higher67.9%

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 Oread

What is the Best Neighborhoods USA ranking for Oread?

Oread is ranked #20 of 20 eligible neighborhoods in Lawrence; #176 of 187 eligible neighborhoods in KS; and #12,359 of 14,967 eligible neighborhoods in the United States.

Is Oread one of the best neighborhoods in Lawrence?

Oread has a Best Neighborhoods USA Index of 35.1 and a city ranking of #20 of 20 eligible neighborhoods in Lawrence.

How much are homes worth in Oread?

The current Zillow Home Value Index for Oread is approximately $406,885.

Are home values rising or falling in Oread?

Zillow neighborhood values changed 6.7% year over year and -0.22% month over month.

What is the Neighborhood Momentum Score for Oread?

Oread has a Neighborhood Momentum Score of 72.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Oread?

The NDS-derived neighborhood median household income is approximately $31,560.

How affordable is Oread relative to household income?

The current Zillow home-value-to-household-income ratio is 12.89. Price-to-income affordability is a major Value Opportunity input.

Is Oread primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 6.0%.

What is the unemployment rate in Oread?

The NDS-derived civilian unemployment rate is approximately 7.8%.

How educated are residents of Oread?

Approximately 52.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Oread face high rent burden?

Approximately 67.9% 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 Oread?

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 applications36
Estimated originations34
Home-purchase applications15
Origination rate94.2%
Home-purchase share43.0%
Average application loan$1,217,796
Total application loan amount$43,917,490
National application rank#8,534 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 40.5% YoY; originations 93.6% 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.