Neighborhood Profile

Paseo Arts District

Oklahoma City, OK | Oklahoma County
Scored premium profile
Best Neighborhoods USA Index
33.4
National rank: #12,778 of 14,967
Stability and Strength
40.6
Score
Value Opportunity
36.9
Score
Momentum
16.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationOklahoma City, OK
CountyOklahoma County
National rank#12,778 of 14,967
State rank#203 of 225
City rank#15 of 21
County rank#37 of 44
National percentile14.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$266,714
Year-over-year home value change-2.8%
Month-over-month home value change-0.36%
Home value to income ratio6.74
Median household income$39,568
Bachelor's degree or higher50.3%
Civilian unemployment rate4.2%
Homeownership rate37.9%
Housing vacancy rate10.8%
Rent burden 30% or higher40.8%

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 Paseo Arts District

What is the Best Neighborhoods USA ranking for Paseo Arts District?

Paseo Arts District is ranked #15 of 21 eligible neighborhoods in Oklahoma City; #203 of 225 eligible neighborhoods in OK; and #12,778 of 14,967 eligible neighborhoods in the United States.

Is Paseo Arts District one of the best neighborhoods in Oklahoma City?

Paseo Arts District has a Best Neighborhoods USA Index of 33.4 and a city ranking of #15 of 21 eligible neighborhoods in Oklahoma City.

How much are homes worth in Paseo Arts District?

The current Zillow Home Value Index for Paseo Arts District is approximately $266,714.

Are home values rising or falling in Paseo Arts District?

Zillow neighborhood values changed -2.8% year over year and -0.36% month over month.

What is the Neighborhood Momentum Score for Paseo Arts District?

Paseo Arts District has a Neighborhood Momentum Score of 16.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Paseo Arts District?

The NDS-derived neighborhood median household income is approximately $39,568.

How affordable is Paseo Arts District relative to household income?

The current Zillow home-value-to-household-income ratio is 6.74. Price-to-income affordability is a major Value Opportunity input.

Is Paseo Arts District primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 37.9%.

What is the unemployment rate in Paseo Arts District?

The NDS-derived civilian unemployment rate is approximately 4.2%.

How educated are residents of Paseo Arts District?

Approximately 50.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Paseo Arts District face high rent burden?

Approximately 40.8% 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 Paseo Arts District?

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 applications80
Estimated originations53
Home-purchase applications44
Origination rate66.5%
Home-purchase share54.5%
Average application loan$240,003
Total application loan amount$19,219,244
National application rank#5,232 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -20.9% YoY; originations -20.7% 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.