What is the Best Neighborhoods USA ranking for Candelite Park?
Candelite Park is ranked #71 of 302 eligible neighborhoods in Fort Wayne; #98 of 656 eligible neighborhoods in IN; and #1,214 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Candelite Park
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
70.8
Stability and Strength
73.0
Value Opportunity
72.8
Momentum
64.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fort Wayne, IN |
| County | Allen County |
| National rank | #1,214 of 14,967 |
| State rank | #98 of 656 |
| City rank | #71 of 302 |
| County rank | #71 of 302 |
| National percentile | 91.9 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $321,324 |
| Year-over-year home value change | 2.3% |
| Month-over-month home value change | 0.15% |
| Home value to income ratio | 3.44 |
| Median household income | $93,409 |
| Bachelor's degree or higher | 45.9% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 89.5% |
| Housing vacancy rate | 1.9% |
| Rent burden 30% or higher | 19.4% |
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 Candelite Park
Is Candelite Park one of the best neighborhoods in Fort Wayne?
Candelite Park has a Best Neighborhoods USA Index of 70.8 and a city ranking of #71 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Candelite Park?
The current Zillow Home Value Index for Candelite Park is approximately $321,324.
Are home values rising or falling in Candelite Park?
Zillow neighborhood values changed 2.3% year over year and 0.15% month over month.
What is the Neighborhood Momentum Score for Candelite Park?
Candelite Park has a Neighborhood Momentum Score of 64.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Candelite Park?
The NDS-derived neighborhood median household income is approximately $93,409.
How affordable is Candelite Park relative to household income?
The current Zillow home-value-to-household-income ratio is 3.44. Price-to-income affordability is a major Value Opportunity input.
Is Candelite Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.5%.
What is the unemployment rate in Candelite Park?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Candelite Park?
Approximately 45.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Candelite Park face high rent burden?
Approximately 19.4% 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 Candelite 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
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 applications4
Estimated originations3
Home-purchase applications2
Origination rate73.3%
Home-purchase share40.7%
Average application loan$190,067
Total application loan amount$713,470
National application rank#14,085 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.1% YoY; originations 19.6% 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.