Washington Park, Denver Neighborhood

Real Estate and Lifestyle Overview:

Wash Park is an upscale neighborhood located in south-central Denver, Colorado, known for its charming vintage homes, greenspaces, and proximity to downtown. It offers an urban-suburban mix feel, with a range of bars, restaurants, coffee shops, and parks. Employment opportunities are diverse in Denver with sectors like telecom, technology, aerospace, healthcare, and financial services leading the economy. The Walk Score ranks the Wash park neighborhood as one of the most walkable in Denver, with a score of 78. 

Real Estate Market:

As of 2021, the median home price in Wash Park is approximately $760,000. Prices have seen an upward trend with a year on year increase of about 3.5%. Homes in Wash Park average about 22 days on the market. The neighborhood is characterized by historic homes often in the Victorian style, with larger, modern homes also available.

Educational Landscape:

Wash Park is zoned to the Denver Public Schools, with South High School serving the area. Proficiency rates in reading and math range from 50% to 60%. Nationally, the district ranks in the 70th percentile. The metropolitan area is home to several universities and colleges, including the University of Denver.

Crime Rate:

Denver's overall crime rate is 38 per 1,000 residents, moderately higher than the national median. Violent crime rate is approximately 7.3 per 1,000 inhabitants while property crime is about 31 per 1,000 inhabitants.

Population Growth:

Denver has seen significant population growth over the past decade, with an increase of nearly 20%. The job market and lifestyle appeal are driving these changes, impacting both local economy and housing market positively.

Employment/Career Opportunities:

In addition to traditional sectors like energy and manufacturing, Denver is emerging as a tech hub. Opportunities for entrepreneurs and small businesses abound, with the start-up scene thriving significantly. 

Entertainment:

Wash Park offers numerous outdoor activities including biking and jogging trails around the park, boating on Smith Lake. It hosts numerous events and festivals year-round. The neighborhood also boasts a vibrant dining and nightlife scene.

Ideal Population and Lifestyle Profile:

Wash Park is best suited for young professionals, families, and outdoor enthusiasts. The neighborhood is also attractive to retirees looking for an urban-suburban lifestyle. 

Footnotes:

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Summary:

Wash Park, Denver, offers an appealing blend of urban livability and suburban tranquility. With strong real estate prospects and thriving employment opportunities particularly in tech, this neighborhood is swiftly gaining attention. Its rich choice of recreational pursuits further enhances the lifestyle appeal, making it a suitable choice for families, young professionals as well as retirees.