Neighborhood Profile

Paper Mill Bluffs

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
60.3
National rank: #3,935 of 14,967
Stability and Strength
46.9
Score
Value Opportunity
58.8
Score
Momentum
83.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#3,935 of 14,967
State rank#269 of 656
City rank#172 of 302
County rank#172 of 302
National percentile73.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$277,455
Year-over-year home value change4.5%
Month-over-month home value change0.50%
Home value to income ratio3.91
Median household income$70,877
Bachelor's degree or higher42.6%
Civilian unemployment rate4.4%
Homeownership rate38.8%
Housing vacancy rate6.4%
Rent burden 30% or higher47.7%

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 Paper Mill Bluffs

What is the Best Neighborhoods USA ranking for Paper Mill Bluffs?

Paper Mill Bluffs is ranked #172 of 302 eligible neighborhoods in Fort Wayne; #269 of 656 eligible neighborhoods in IN; and #3,935 of 14,967 eligible neighborhoods in the United States.

Is Paper Mill Bluffs one of the best neighborhoods in Fort Wayne?

Paper Mill Bluffs has a Best Neighborhoods USA Index of 60.3 and a city ranking of #172 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Paper Mill Bluffs?

The current Zillow Home Value Index for Paper Mill Bluffs is approximately $277,455.

Are home values rising or falling in Paper Mill Bluffs?

Zillow neighborhood values changed 4.5% year over year and 0.50% month over month.

What is the Neighborhood Momentum Score for Paper Mill Bluffs?

Paper Mill Bluffs has a Neighborhood Momentum Score of 83.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Paper Mill Bluffs?

The NDS-derived neighborhood median household income is approximately $70,877.

How affordable is Paper Mill Bluffs relative to household income?

The current Zillow home-value-to-household-income ratio is 3.91. Price-to-income affordability is a major Value Opportunity input.

Is Paper Mill Bluffs primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 38.8%.

What is the unemployment rate in Paper Mill Bluffs?

The NDS-derived civilian unemployment rate is approximately 4.4%.

How educated are residents of Paper Mill Bluffs?

Approximately 42.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Paper Mill Bluffs face high rent burden?

Approximately 47.7% 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 Paper Mill Bluffs?

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 applications3
Estimated originations2
Home-purchase applications2
Origination rate79.6%
Home-purchase share62.8%
Average application loan$152,568
Total application loan amount$466,060
National application rank#14,277 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 56.2% YoY; originations 69.2% 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.