What is the Best Neighborhoods USA ranking for Fairfield?
Fairfield is ranked #269 of 302 eligible neighborhoods in Fort Wayne; #525 of 656 eligible neighborhoods in IN; and #9,958 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Fairfield
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
43.3
Stability and Strength
27.4
Value Opportunity
50.0
Momentum
59.2
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 | #9,958 of 14,967 |
| State rank | #525 of 656 |
| City rank | #269 of 302 |
| County rank | #269 of 302 |
| National percentile | 33.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $140,682 |
| Year-over-year home value change | 0.2% |
| Month-over-month home value change | 0.62% |
| Home value to income ratio | 2.50 |
| Median household income | $56,295 |
| Bachelor's degree or higher | 26.1% |
| Civilian unemployment rate | 15.0% |
| Homeownership rate | 42.7% |
| Housing vacancy rate | 17.3% |
| Rent burden 30% or higher | 37.3% |
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 Fairfield
Is Fairfield one of the best neighborhoods in Fort Wayne?
Fairfield has a Best Neighborhoods USA Index of 43.3 and a city ranking of #269 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Fairfield?
The current Zillow Home Value Index for Fairfield is approximately $140,682.
Are home values rising or falling in Fairfield?
Zillow neighborhood values changed 0.2% year over year and 0.62% month over month.
What is the Neighborhood Momentum Score for Fairfield?
Fairfield has a Neighborhood Momentum Score of 59.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fairfield?
The NDS-derived neighborhood median household income is approximately $56,295.
How affordable is Fairfield relative to household income?
The current Zillow home-value-to-household-income ratio is 2.50. Price-to-income affordability is a major Value Opportunity input.
Is Fairfield primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 42.7%.
What is the unemployment rate in Fairfield?
The NDS-derived civilian unemployment rate is approximately 15.0%.
How educated are residents of Fairfield?
Approximately 26.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fairfield face high rent burden?
Approximately 37.3% 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 Fairfield?
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 applications61
Estimated originations39
Home-purchase applications29
Origination rate63.7%
Home-purchase share48.1%
Average application loan$105,694
Total application loan amount$6,429,538
National application rank#6,426 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 36.7% YoY; originations 52.5% 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.