Neighborhood Guide

Parkborough

Aurora, CO 80015

Data Verified: Jul 4, 2026

About this Area

Parkborough, located in the heart of Aurora, Colorado, is a vibrant and well-established neighborhood that has flourished since its inception in the early 1970s. Designed with a focus on community and accessibility, Parkborough quickly became a hub for families and professionals seeking a balanced lifestyle in the Denver metropolitan area. The neighborhood’s name reflects its proximity to the expansive and scenic Aurora Reservoir, which has long been a focal point for recreation and relaxation. Over the decades, Parkborough has evolved into a diverse and inclusive community, where residents of all ages and backgrounds come together to enjoy its many offerings. The area’s well-planned layout, featuring winding streets and cul-de-sacs, fosters a sense of safety and neighborly connection, making it a beloved place to call home.

Parkborough’s real estate market is defined by a mix of architectural styles, including charming mid-century homes, spacious two-story residences, and modern townhomes, all set on generously sized lots. The median home value in Parkborough is approximately $558,900, reflecting the neighborhood’s strong appeal and steady appreciation. Many properties feature updated kitchens, hardwood flooring, and expansive backyards, catering to the needs of growing families and discerning buyers. The architectural diversity ensures that there’s a home to suit every taste, whether you’re drawn to the classic charm of a 1970s ranch or the contemporary elegance of a newly constructed property. With a variety of lot sizes ranging from 6,000 to 12,000 square feet, Parkborough offers options for buyers seeking both cozy and spacious living arrangements.

Parkborough residents enjoy a wealth of amenities that enhance their daily lives and foster a strong sense of community. The neighborhood is adjacent to the Aurora Reservoir, a 1,200-acre recreational area that offers hiking, biking, fishing, and picnicking opportunities, as well as stunning views of the Rocky Mountains. For shopping and dining, the nearby Aurora Mall and Southlands Mall provide a wide range of retail options, from national chains to local boutiques. Parkborough is also served by highly rated schools within the Cherry Creek School District, including the acclaimed Cherry Creek High School, which boasts exceptional academic programs and extracurricular activities. Additionally, the neighborhood is conveniently located near medical facilities such as the University of Colorado Hospital and Sky Ridge Medical Center, ensuring residents have access to top-tier healthcare services.

Parkborough is a premier neighborhood in Aurora, attracting buyers who value a high quality of life, economic stability, and a strong sense of community. With a median household income of $121,640, residents here enjoy financial security and the ability to invest in their homes and futures. The neighborhood’s proximity to major employment hubs in Denver and Aurora, combined with its excellent schools and abundant recreational opportunities, makes it an ideal choice for professionals, families, and retirees alike. Commute times are reasonable, with easy access to I-25 and E-470, allowing for quick trips to downtown Denver or the Denver Tech Center. Parkborough’s blend of suburban charm, modern amenities, and economic resilience ensures it remains a top contender for those seeking a premier place to call home in Aurora.

Homendo Valuation Index
Quality of Life 95
Environment 84
Education 85
Safety 95
Demographics
Population
72,155
Density
3,700
Median Age
38.8
Income
$121,640
StatisticZipCityCountyStateUSA
Population 72,155 390,201655,7095,810,774332,387,540
Median Age 38.8 35.137.337.538.7
People per Household 2.90 2.712.562.452.54
Median Household Income $121,640 $84,320$97,215$92,470$78,538
Avg Income per Capita $50,876 $40,424$51,942$50,489$43,289
Real Estate Market
Median Value
$558,900
Median Rent
$1,970
Available
218
MetricZipCityCountyStateUSA
Median Sale Price$558,900$444,500$526,000$502,200$303,400
Median Age of Home3340403845
Homes Owned80.1%60.3%62.2%60.6%58.2%
Homes Rented17.3%35.0%33.3%30.8%31.3%
Homes Vacant2.6%4.7%4.5%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index133.7133.7133.7133.7100.0
Commute Time (min)29.628.927.325.526.6
Work from Home20.7%14.8%18.6%18.8%13.5%
Climate
Jan Low
20.2°
July High
88.4°
Rain
17.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)20.220.220.220.220.2
July Avg High (°F)88.488.488.488.488.4
Annual Precip (in)17.317.317.317.317.3
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Parkborough

Parkborough is an affluent community with above-average earning potential located in Aurora. The neighborhood is characterized by a very high stability rate, with 80.1% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 38.8), creating a unique community atmosphere. With a median household income of $121,640, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Parkborough is currently active. The median home value stands at $558,900, reflecting the desirability of the Aurora area. For investors or those looking to lease, the median rent is approximately $1,970.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 2.6%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Parkborough holds a Homendo Safety Score of 95 and an Environmental Quality Score of 84. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Aurora region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Parkborough is rated at 85 on the Homendo Index. Located within the Arapahoe County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
25
Transit
Some Transit
29
Bike
Bikeable
50
School Ratings

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