Neighborhood Profile

Greater McMillen Park

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
37.1
National rank: #11,847 of 14,967
Stability and Strength
15.1
Score
Value Opportunity
44.1
Score
Momentum
62.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#11,847 of 14,967
State rank#579 of 656
City rank#283 of 302
County rank#283 of 302
National percentile20.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$113,941
Year-over-year home value change0.6%
Month-over-month home value change0.66%
Home value to income ratio2.48
Median household income$46,012
Bachelor's degree or higher1.6%
Civilian unemployment rate15.3%
Homeownership rate39.2%
Housing vacancy rate14.7%
Rent burden 30% or higher54.6%

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 Greater McMillen Park

What is the Best Neighborhoods USA ranking for Greater McMillen Park?

Greater McMillen Park is ranked #283 of 302 eligible neighborhoods in Fort Wayne; #579 of 656 eligible neighborhoods in IN; and #11,847 of 14,967 eligible neighborhoods in the United States.

Is Greater McMillen Park one of the best neighborhoods in Fort Wayne?

Greater McMillen Park has a Best Neighborhoods USA Index of 37.1 and a city ranking of #283 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Greater McMillen Park?

The current Zillow Home Value Index for Greater McMillen Park is approximately $113,941.

Are home values rising or falling in Greater McMillen Park?

Zillow neighborhood values changed 0.6% year over year and 0.66% month over month.

What is the Neighborhood Momentum Score for Greater McMillen Park?

Greater McMillen Park has a Neighborhood Momentum Score of 62.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Greater McMillen Park?

The NDS-derived neighborhood median household income is approximately $46,012.

How affordable is Greater McMillen Park relative to household income?

The current Zillow home-value-to-household-income ratio is 2.48. Price-to-income affordability is a major Value Opportunity input.

Is Greater McMillen Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 39.2%.

What is the unemployment rate in Greater McMillen Park?

The NDS-derived civilian unemployment rate is approximately 15.3%.

How educated are residents of Greater McMillen Park?

Approximately 1.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Greater McMillen Park face high rent burden?

Approximately 54.6% 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 Greater McMillen 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

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 applications29
Estimated originations16
Home-purchase applications19
Origination rate53.7%
Home-purchase share63.8%
Average application loan$106,846
Total application loan amount$3,107,488
National application rank#9,363 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.9% YoY; originations 5.9% 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.