Neighborhood Profile

Falls of Beaver Creek

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
57.7
National rank: #4,800 of 14,967
Stability and Strength
59.9
Score
Value Opportunity
60.1
Score
Momentum
50.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#4,800 of 14,967
State rank#313 of 656
City rank#188 of 302
County rank#188 of 302
National percentile68.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$374,797
Year-over-year home value change0.8%
Month-over-month home value change0.02%
Home value to income ratio4.52
Median household income$82,956
Bachelor's degree or higher39.4%
Civilian unemployment rate4.0%
Homeownership rate55.1%
Housing vacancy rate1.5%
Rent burden 30% or higher14.4%

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 Falls of Beaver Creek

What is the Best Neighborhoods USA ranking for Falls of Beaver Creek?

Falls of Beaver Creek is ranked #188 of 302 eligible neighborhoods in Fort Wayne; #313 of 656 eligible neighborhoods in IN; and #4,800 of 14,967 eligible neighborhoods in the United States.

Is Falls of Beaver Creek one of the best neighborhoods in Fort Wayne?

Falls of Beaver Creek has a Best Neighborhoods USA Index of 57.7 and a city ranking of #188 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Falls of Beaver Creek?

The current Zillow Home Value Index for Falls of Beaver Creek is approximately $374,797.

Are home values rising or falling in Falls of Beaver Creek?

Zillow neighborhood values changed 0.8% year over year and 0.02% month over month.

What is the Neighborhood Momentum Score for Falls of Beaver Creek?

Falls of Beaver Creek has a Neighborhood Momentum Score of 50.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Falls of Beaver Creek?

The NDS-derived neighborhood median household income is approximately $82,956.

How affordable is Falls of Beaver Creek relative to household income?

The current Zillow home-value-to-household-income ratio is 4.52. Price-to-income affordability is a major Value Opportunity input.

Is Falls of Beaver Creek primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 55.1%.

What is the unemployment rate in Falls of Beaver Creek?

The NDS-derived civilian unemployment rate is approximately 4.0%.

How educated are residents of Falls of Beaver Creek?

Approximately 39.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Falls of Beaver Creek face high rent burden?

Approximately 14.4% 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 Falls of Beaver Creek?

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 applications8
Estimated originations6
Home-purchase applications4
Origination rate70.7%
Home-purchase share47.3%
Average application loan$179,844
Total application loan amount$1,508,166
National application rank#12,899 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.9% YoY; originations 16.0% 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.