What is the Best Neighborhoods USA ranking for Park State East?
Park State East is ranked #106 of 302 eligible neighborhoods in Fort Wayne; #164 of 656 eligible neighborhoods in IN; and #2,104 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Park State East
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
66.6
Stability and Strength
59.4
Value Opportunity
66.9
Momentum
77.6
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 | #2,104 of 14,967 |
| State rank | #164 of 656 |
| City rank | #106 of 302 |
| County rank | #106 of 302 |
| National percentile | 86.0 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $204,827 |
| Year-over-year home value change | 4.1% |
| Month-over-month home value change | 0.25% |
| Home value to income ratio | 2.93 |
| Median household income | $69,930 |
| Bachelor's degree or higher | 36.2% |
| Civilian unemployment rate | 5.7% |
| Homeownership rate | 85.3% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 25.2% |
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 Park State East
Is Park State East one of the best neighborhoods in Fort Wayne?
Park State East has a Best Neighborhoods USA Index of 66.6 and a city ranking of #106 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Park State East?
The current Zillow Home Value Index for Park State East is approximately $204,827.
Are home values rising or falling in Park State East?
Zillow neighborhood values changed 4.1% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Park State East?
Park State East has a Neighborhood Momentum Score of 77.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Park State East?
The NDS-derived neighborhood median household income is approximately $69,930.
How affordable is Park State East relative to household income?
The current Zillow home-value-to-household-income ratio is 2.93. Price-to-income affordability is a major Value Opportunity input.
Is Park State East primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 85.3%.
What is the unemployment rate in Park State East?
The NDS-derived civilian unemployment rate is approximately 5.7%.
How educated are residents of Park State East?
Approximately 36.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Park State East face high rent burden?
Approximately 25.2% 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 Park State East?
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 applications9
Estimated originations5
Home-purchase applications3
Origination rate63.4%
Home-purchase share37.0%
Average application loan$152,208
Total application loan amount$1,302,511
National application rank#12,854 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 41.0% YoY; originations 26.3% 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.