Neighborhood Profile

Garfield

Marion, IN | Grant County
Scored premium profile
Best Neighborhoods USA Index
30.2
National rank: #13,441 of 14,967
Stability and Strength
15.0
Score
Value Opportunity
44.1
Score
Momentum
35.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMarion, IN
CountyGrant County
National rank#13,441 of 14,967
State rank#621 of 656
City rank#16 of 21
County rank#16 of 21
National percentile10.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$94,985
Year-over-year home value change0.1%
Month-over-month home value change-0.51%
Home value to income ratio2.46
Median household income$38,626
Bachelor's degree or higher17.9%
Civilian unemployment rate15.7%
Homeownership rate48.4%
Housing vacancy rate27.8%
Rent burden 30% or higher66.9%

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 Garfield

What is the Best Neighborhoods USA ranking for Garfield?

Garfield is ranked #16 of 21 eligible neighborhoods in Marion; #621 of 656 eligible neighborhoods in IN; and #13,441 of 14,967 eligible neighborhoods in the United States.

Is Garfield one of the best neighborhoods in Marion?

Garfield has a Best Neighborhoods USA Index of 30.2 and a city ranking of #16 of 21 eligible neighborhoods in Marion.

How much are homes worth in Garfield?

The current Zillow Home Value Index for Garfield is approximately $94,985.

Are home values rising or falling in Garfield?

Zillow neighborhood values changed 0.1% year over year and -0.51% month over month.

What is the Neighborhood Momentum Score for Garfield?

Garfield has a Neighborhood Momentum Score of 35.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Garfield?

The NDS-derived neighborhood median household income is approximately $38,626.

How affordable is Garfield relative to household income?

The current Zillow home-value-to-household-income ratio is 2.46. Price-to-income affordability is a major Value Opportunity input.

Is Garfield primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.4%.

What is the unemployment rate in Garfield?

The NDS-derived civilian unemployment rate is approximately 15.7%.

How educated are residents of Garfield?

Approximately 17.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Garfield face high rent burden?

Approximately 66.9% 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 Garfield?

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 applications13
Estimated originations7
Home-purchase applications8
Origination rate55.6%
Home-purchase share57.6%
Average application loan$91,748
Total application loan amount$1,207,262
National application rank#11,844 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.2% YoY; originations 4.2% 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.