What is the Best Neighborhoods USA ranking for Oakborough?
Oakborough is ranked #104 of 302 eligible neighborhoods in Fort Wayne; #162 of 656 eligible neighborhoods in IN; and #2,060 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Oakborough
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
66.7
Stability and Strength
62.9
Value Opportunity
65.8
Momentum
74.2
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 | #2,060 of 14,967 |
| State rank | #162 of 656 |
| City rank | #104 of 302 |
| County rank | #104 of 302 |
| National percentile | 86.2 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $404,268 |
| Year-over-year home value change | 3.0% |
| Month-over-month home value change | 0.36% |
| Home value to income ratio | 4.13 |
| Median household income | $97,869 |
| Bachelor's degree or higher | 49.6% |
| Civilian unemployment rate | 4.0% |
| Homeownership rate | 89.3% |
| Housing vacancy rate | 4.1% |
| Rent burden 30% or higher | 70.7% |
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 Oakborough
Is Oakborough one of the best neighborhoods in Fort Wayne?
Oakborough has a Best Neighborhoods USA Index of 66.7 and a city ranking of #104 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Oakborough?
The current Zillow Home Value Index for Oakborough is approximately $404,268.
Are home values rising or falling in Oakborough?
Zillow neighborhood values changed 3.0% year over year and 0.36% month over month.
What is the Neighborhood Momentum Score for Oakborough?
Oakborough has a Neighborhood Momentum Score of 74.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Oakborough?
The NDS-derived neighborhood median household income is approximately $97,869.
How affordable is Oakborough relative to household income?
The current Zillow home-value-to-household-income ratio is 4.13. Price-to-income affordability is a major Value Opportunity input.
Is Oakborough primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.3%.
What is the unemployment rate in Oakborough?
The NDS-derived civilian unemployment rate is approximately 4.0%.
How educated are residents of Oakborough?
Approximately 49.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Oakborough face high rent burden?
Approximately 70.7% 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 Oakborough?
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 applications14
Estimated originations9
Home-purchase applications6
Origination rate65.4%
Home-purchase share44.3%
Average application loan$200,745
Total application loan amount$2,826,270
National application rank#11,666 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.8% YoY; originations 9.6% 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.