Neighborhood Guide

Forest Park

Elizabeth, CO 80107

Data Verified: Jul 4, 2026

About this Area

Forest Park in Elizabeth, Colorado, is a charming and family-oriented neighborhood that has flourished since its inception in the early 2000s. Designed with a focus on community and nature, this area features a mix of single-family homes and townhouses, all surrounded by lush greenery and mature trees. The neighborhood’s name reflects its commitment to preserving green spaces, with Forest Park itself offering a central gathering area for residents. Over the years, Forest Park has evolved into a tight-knit community where families, young professionals, and retirees coexist harmoniously. Its history is marked by a dedication to sustainability and outdoor living, making it a unique and inviting place to call home in Elizabeth.

Forest Park offers a variety of housing options, including modern ranch-style homes, craftsman-style dwellings, and well-maintained townhouses, all situated on lots ranging from 0.25 to 1 acre. The median home value in this neighborhood is approximately $663,900, reflecting its strong market demand and the quality of construction. Many properties feature energy-efficient designs, open floor plans, and private backyards, ideal for both relaxation and entertaining. The real estate market in Forest Park is active, with homes often appreciating in value due to the neighborhood’s desirable location and amenities. Buyers are drawn to the balance of affordability and luxury, ensuring a solid investment for the future.

Residents of Forest Park enjoy a wealth of amenities that cater to every aspect of daily life. The neighborhood is home to Forest Park Elementary School, a highly rated public school that serves as a cornerstone for families in the area. For outdoor enthusiasts, the nearby Elizabeth Open Space provides miles of trails for hiking, biking, and wildlife viewing. Shopping and dining options are conveniently located in downtown Elizabeth, while major retail centers in Castle Rock offer additional convenience. The community also benefits from well-maintained parks, playgrounds, and a neighborhood pool, fostering a strong sense of community and belonging. With its low crime rates and excellent infrastructure, Forest Park is an ideal place to raise a family.

Forest Park is a hidden gem in Elizabeth, Colorado, offering a perfect blend of affordability, community, and natural beauty. With a median household income of $137,886, residents enjoy economic stability and access to top-tier amenities, all while maintaining a peaceful, suburban lifestyle. The neighborhood’s proximity to Denver (approximately 50 minutes) and Colorado Springs (35 minutes) makes it an ideal choice for commuters who value both convenience and tranquility. Whether you're starting a family, enjoying retirement, or simply looking for a welcoming community, Forest Park provides an exceptional quality of life. Its strong property values and low turnover rate underscore its enduring appeal, making it a smart investment for the future.

Homendo Valuation Index
Quality of Life 88
Environment 86
Education 93
Safety 94
Demographics
Population
14,976
Density
3,200
Median Age
41.9
Income
$137,886
StatisticZipCityCountyStateUSA
Population 14,976 1,69427,1525,810,774332,387,540
Median Age 41.9 32.544.837.538.7
People per Household 2.91 2.892.812.452.54
Median Household Income $137,886 $110,227$129,477$92,470$78,538
Avg Income per Capita $57,392 $39,508$57,481$50,489$43,289
Real Estate Market
Median Value
$663,900
Median Rent
$1,538
Available
276
MetricZipCityCountyStateUSA
Median Sale Price$663,900$444,000$664,600$502,200$303,400
Median Age of Home2931293845
Homes Owned92.4%84.6%89.5%60.6%58.2%
Homes Rented3.1%11.1%5.3%30.8%31.3%
Homes Vacant4.5%4.3%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index147.5147.5147.5147.5100.0
Commute Time (min)43.440.741.625.526.6
Work from Home18.4%10.8%19.0%18.8%13.5%
Climate
Jan Low
20.1°
July High
85.8°
Rain
19.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)20.120.120.120.120.1
July Avg High (°F)85.885.885.885.885.8
Annual Precip (in)19.319.319.319.319.3
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 Forest Park

Forest Park is an affluent community with above-average earning potential located in Elizabeth. The neighborhood is characterized by a very high stability rate, with 92.4% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 41.9), creating a unique community atmosphere. With a median household income of $137,886, 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 Forest Park is currently active. The median home value stands at $663,900, reflecting the desirability of the Elizabeth area. For investors or those looking to lease, the median rent is approximately $1,538.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 4.5%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Forest Park holds a Homendo Safety Score of 94 and an Environmental Quality Score of 86. 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 Elizabeth 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 Forest Park is rated at 93 on the Homendo Index. Located within the Elbert 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
0
Bike
Somewhat Bikeable
11
School Ratings

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