What is the Best Neighborhoods USA ranking for Indian Orchard?
Indian Orchard is ranked #6 of 18 eligible neighborhoods in Springfield; #193 of 259 eligible neighborhoods in MA; and #9,145 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Indian Orchard
Springfield, MA | Hampden County
Scored premium profile
Best Neighborhoods USA Index
45.7
Stability and Strength
34.3
Value Opportunity
39.2
Momentum
73.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Springfield, MA |
| County | Hampden County |
| National rank | #9,145 of 14,967 |
| State rank | #193 of 259 |
| City rank | #6 of 18 |
| County rank | #6 of 18 |
| National percentile | 38.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $300,376 |
| Year-over-year home value change | 3.1% |
| Month-over-month home value change | 0.31% |
| Home value to income ratio | 5.41 |
| Median household income | $55,472 |
| Bachelor's degree or higher | 18.1% |
| Civilian unemployment rate | 4.6% |
| Homeownership rate | 46.0% |
| Housing vacancy rate | 7.8% |
| Rent burden 30% or higher | 53.8% |
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 Indian Orchard
Is Indian Orchard one of the best neighborhoods in Springfield?
Indian Orchard has a Best Neighborhoods USA Index of 45.7 and a city ranking of #6 of 18 eligible neighborhoods in Springfield.
How much are homes worth in Indian Orchard?
The current Zillow Home Value Index for Indian Orchard is approximately $300,376.
Are home values rising or falling in Indian Orchard?
Zillow neighborhood values changed 3.1% year over year and 0.31% month over month.
What is the Neighborhood Momentum Score for Indian Orchard?
Indian Orchard has a Neighborhood Momentum Score of 73.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Indian Orchard?
The NDS-derived neighborhood median household income is approximately $55,472.
How affordable is Indian Orchard relative to household income?
The current Zillow home-value-to-household-income ratio is 5.41. Price-to-income affordability is a major Value Opportunity input.
Is Indian Orchard primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 46.0%.
What is the unemployment rate in Indian Orchard?
The NDS-derived civilian unemployment rate is approximately 4.6%.
How educated are residents of Indian Orchard?
Approximately 18.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Indian Orchard face high rent burden?
Approximately 53.8% 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 Indian Orchard?
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 applications265
Estimated originations146
Home-purchase applications126
Origination rate54.9%
Home-purchase share47.6%
Average application loan$193,613
Total application loan amount$51,349,174
National application rank#1,445 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.1% YoY; originations 13.9% 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.