Neighborhood Profile

East Central

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
45.6
National rank: #9,192 of 14,967
Stability and Strength
20.8
Score
Value Opportunity
42.0
Score
Momentum
90.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#9,192 of 14,967
State rank#501 of 656
City rank#261 of 302
County rank#261 of 302
National percentile38.6
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$126,638
Year-over-year home value change5.5%
Month-over-month home value change0.81%
Home value to income ratio3.11
Median household income$40,737
Bachelor's degree or higher9.8%
Civilian unemployment rate9.5%
Homeownership rate46.6%
Housing vacancy rate16.8%
Rent burden 30% or higher44.4%

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 East Central

What is the Best Neighborhoods USA ranking for East Central?

East Central is ranked #261 of 302 eligible neighborhoods in Fort Wayne; #501 of 656 eligible neighborhoods in IN; and #9,192 of 14,967 eligible neighborhoods in the United States.

Is East Central one of the best neighborhoods in Fort Wayne?

East Central has a Best Neighborhoods USA Index of 45.6 and a city ranking of #261 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in East Central?

The current Zillow Home Value Index for East Central is approximately $126,638.

Are home values rising or falling in East Central?

Zillow neighborhood values changed 5.5% year over year and 0.81% month over month.

What is the Neighborhood Momentum Score for East Central?

East Central has a Neighborhood Momentum Score of 90.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in East Central?

The NDS-derived neighborhood median household income is approximately $40,737.

How affordable is East Central relative to household income?

The current Zillow home-value-to-household-income ratio is 3.11. Price-to-income affordability is a major Value Opportunity input.

Is East Central primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 46.6%.

What is the unemployment rate in East Central?

The NDS-derived civilian unemployment rate is approximately 9.5%.

How educated are residents of East Central?

Approximately 9.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in East Central face high rent burden?

Approximately 44.4% 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 East Central?

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 applications43
Estimated originations22
Home-purchase applications18
Origination rate50.1%
Home-purchase share42.3%
Average application loan$179,012
Total application loan amount$7,752,731
National application rank#7,815 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.6% YoY; originations 51.8% 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.