Neighborhood Profile

Ludwig Park

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
66.9
National rank: #2,032 of 14,967
Stability and Strength
56.5
Score
Value Opportunity
67.2
Score
Momentum
83.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#2,032 of 14,967
State rank#158 of 656
City rank#101 of 302
County rank#101 of 302
National percentile86.4
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$277,626
Year-over-year home value change4.2%
Month-over-month home value change0.51%
Home value to income ratio3.55
Median household income$78,295
Bachelor's degree or higher37.5%
Civilian unemployment rate4.1%
Homeownership rate84.1%
Housing vacancy rate0.0%
Rent burden 30% or higher81.6%

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 Ludwig Park

What is the Best Neighborhoods USA ranking for Ludwig Park?

Ludwig Park is ranked #101 of 302 eligible neighborhoods in Fort Wayne; #158 of 656 eligible neighborhoods in IN; and #2,032 of 14,967 eligible neighborhoods in the United States.

Is Ludwig Park one of the best neighborhoods in Fort Wayne?

Ludwig Park has a Best Neighborhoods USA Index of 66.9 and a city ranking of #101 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Ludwig Park?

The current Zillow Home Value Index for Ludwig Park is approximately $277,626.

Are home values rising or falling in Ludwig Park?

Zillow neighborhood values changed 4.2% year over year and 0.51% month over month.

What is the Neighborhood Momentum Score for Ludwig Park?

Ludwig Park has a Neighborhood Momentum Score of 83.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ludwig Park?

The NDS-derived neighborhood median household income is approximately $78,295.

How affordable is Ludwig Park relative to household income?

The current Zillow home-value-to-household-income ratio is 3.55. Price-to-income affordability is a major Value Opportunity input.

Is Ludwig Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 84.1%.

What is the unemployment rate in Ludwig Park?

The NDS-derived civilian unemployment rate is approximately 4.1%.

How educated are residents of Ludwig Park?

Approximately 37.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Ludwig Park face high rent burden?

Approximately 81.6% 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 Ludwig Park?

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 applications22
Estimated originations14
Home-purchase applications10
Origination rate66.3%
Home-purchase share44.7%
Average application loan$177,684
Total application loan amount$3,867,044
National application rank#10,363 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.0% YoY; originations -10.6% 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.