Neighborhood Profile

Challenger Park

Parker, CO | Douglas County
Scored premium profile
Best Neighborhoods USA Index
34.4
National rank: #12,540 of 14,967
Stability and Strength
41.9
Score
Value Opportunity
34.8
Score
Momentum
22.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationParker, CO
CountyDouglas County
National rank#12,540 of 14,967
State rank#443 of 486
City rank#24 of 24
County rank#26 of 26
National percentile16.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$636,603
Year-over-year home value change-2.9%
Month-over-month home value change-0.10%
Home value to income ratio7.85
Median household income$81,110
Bachelor's degree or higher47.2%
Civilian unemployment rate10.5%
Homeownership rate72.1%
Housing vacancy rate11.3%
Rent burden 30% or higher76.7%

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 Challenger Park

What is the Best Neighborhoods USA ranking for Challenger Park?

Challenger Park is ranked #24 of 24 eligible neighborhoods in Parker; #443 of 486 eligible neighborhoods in CO; and #12,540 of 14,967 eligible neighborhoods in the United States.

Is Challenger Park one of the best neighborhoods in Parker?

Challenger Park has a Best Neighborhoods USA Index of 34.4 and a city ranking of #24 of 24 eligible neighborhoods in Parker.

How much are homes worth in Challenger Park?

The current Zillow Home Value Index for Challenger Park is approximately $636,603.

Are home values rising or falling in Challenger Park?

Zillow neighborhood values changed -2.9% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Challenger Park?

Challenger Park has a Neighborhood Momentum Score of 22.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Challenger Park?

The NDS-derived neighborhood median household income is approximately $81,110.

How affordable is Challenger Park relative to household income?

The current Zillow home-value-to-household-income ratio is 7.85. Price-to-income affordability is a major Value Opportunity input.

Is Challenger Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 72.1%.

What is the unemployment rate in Challenger Park?

The NDS-derived civilian unemployment rate is approximately 10.5%.

How educated are residents of Challenger Park?

Approximately 47.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 76.7% 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 Challenger 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 applications38
Estimated originations22
Home-purchase applications13
Origination rate58.6%
Home-purchase share33.7%
Average application loan$287,652
Total application loan amount$10,956,641
National application rank#8,321 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -23.9% YoY; originations -27.9% 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.