What is the Best Neighborhoods USA ranking for Mars Hill?
Mars Hill is ranked #71 of 82 eligible neighborhoods in Indianapolis; #601 of 656 eligible neighborhoods in IN; and #12,819 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Mars Hill
Indianapolis, IN | Marion County
Scored premium profile
Best Neighborhoods USA Index
33.1
Stability and Strength
24.9
Value Opportunity
45.2
Momentum
29.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Indianapolis, IN |
| County | Marion County |
| National rank | #12,819 of 14,967 |
| State rank | #601 of 656 |
| City rank | #71 of 82 |
| County rank | #71 of 82 |
| National percentile | 14.4 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $159,008 |
| Year-over-year home value change | -0.4% |
| Month-over-month home value change | -0.67% |
| Home value to income ratio | 3.38 |
| Median household income | $47,067 |
| Bachelor's degree or higher | 14.5% |
| Civilian unemployment rate | 11.1% |
| Homeownership rate | 49.6% |
| Housing vacancy rate | 6.9% |
| Rent burden 30% or higher | 52.5% |
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 Mars Hill
Is Mars Hill one of the best neighborhoods in Indianapolis?
Mars Hill has a Best Neighborhoods USA Index of 33.1 and a city ranking of #71 of 82 eligible neighborhoods in Indianapolis.
How much are homes worth in Mars Hill?
The current Zillow Home Value Index for Mars Hill is approximately $159,008.
Are home values rising or falling in Mars Hill?
Zillow neighborhood values changed -0.4% year over year and -0.67% month over month.
What is the Neighborhood Momentum Score for Mars Hill?
Mars Hill has a Neighborhood Momentum Score of 29.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Mars Hill?
The NDS-derived neighborhood median household income is approximately $47,067.
How affordable is Mars Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 3.38. Price-to-income affordability is a major Value Opportunity input.
Is Mars Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 49.6%.
What is the unemployment rate in Mars Hill?
The NDS-derived civilian unemployment rate is approximately 11.1%.
How educated are residents of Mars Hill?
Approximately 14.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Mars Hill face high rent burden?
Approximately 52.5% 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 Mars Hill?
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
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 applications489
Estimated originations244
Home-purchase applications262
Origination rate50.0%
Home-purchase share53.6%
Average application loan$133,796
Total application loan amount$65,404,107
National application rank#578 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.3% YoY; originations 16.2% 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.