Neighborhood Profile

Grey Oaks

Shawnee, KS | Johnson County
Scored premium profile
Best Neighborhoods USA Index
88.5
National rank: #15 of 14,967
Stability and Strength
93.7
Score
Value Opportunity
89.9
Score
Momentum
78.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationShawnee, KS
CountyJohnson County
National rank#15 of 14,967
State rank#3 of 187
City rank#2 of 17
County rank#2 of 65
National percentile99.9
National bandTOP_1_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$653,879
Year-over-year home value change4.0%
Month-over-month home value change0.29%
Home value to income ratio3.17
Median household income$205,982
Bachelor's degree or higher84.5%
Civilian unemployment rate1.8%
Homeownership rate100.0%
Housing vacancy rate0.1%
Rent burden 30% or higher27.1%

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 Grey Oaks

What is the Best Neighborhoods USA ranking for Grey Oaks?

Grey Oaks is ranked #2 of 17 eligible neighborhoods in Shawnee; #3 of 187 eligible neighborhoods in KS; and #15 of 14,967 eligible neighborhoods in the United States.

Is Grey Oaks one of the best neighborhoods in Shawnee?

Grey Oaks has a Best Neighborhoods USA Index of 88.5 and a city ranking of #2 of 17 eligible neighborhoods in Shawnee.

How much are homes worth in Grey Oaks?

The current Zillow Home Value Index for Grey Oaks is approximately $653,879.

Are home values rising or falling in Grey Oaks?

Zillow neighborhood values changed 4.0% year over year and 0.29% month over month.

What is the Neighborhood Momentum Score for Grey Oaks?

Grey Oaks has a Neighborhood Momentum Score of 78.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Grey Oaks?

The NDS-derived neighborhood median household income is approximately $205,982.

How affordable is Grey Oaks relative to household income?

The current Zillow home-value-to-household-income ratio is 3.17. Price-to-income affordability is a major Value Opportunity input.

Is Grey Oaks primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 100.0%.

What is the unemployment rate in Grey Oaks?

The NDS-derived civilian unemployment rate is approximately 1.8%.

How educated are residents of Grey Oaks?

Approximately 84.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Grey Oaks face high rent burden?

Approximately 27.1% 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 Grey Oaks?

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 applications49
Estimated originations33
Home-purchase applications23
Origination rate68.0%
Home-purchase share46.4%
Average application loan$275,592
Total application loan amount$13,552,001
National application rank#7,291 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.0% YoY; originations 14.1% 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.