Neighborhood Profile

Riverview

Elkhart, IN | Elkhart County
Scored premium profile
Best Neighborhoods USA Index
66.4
National rank: #2,147 of 14,967
Stability and Strength
58.2
Score
Value Opportunity
55.7
Score
Momentum
94.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationElkhart, IN
CountyElkhart County
National rank#2,147 of 14,967
State rank#169 of 656
City rank#12 of 43
County rank#14 of 59
National percentile85.7
National bandTOP_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$233,298
Year-over-year home value change8.1%
Month-over-month home value change0.75%
Home value to income ratio3.85
Median household income$60,639
Bachelor's degree or higher16.7%
Civilian unemployment rate0.0%
Homeownership rate97.2%
Housing vacancy rate10.5%
Rent burden 30% or higher1.1%

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 Riverview

What is the Best Neighborhoods USA ranking for Riverview?

Riverview is ranked #12 of 43 eligible neighborhoods in Elkhart; #169 of 656 eligible neighborhoods in IN; and #2,147 of 14,967 eligible neighborhoods in the United States.

Is Riverview one of the best neighborhoods in Elkhart?

Riverview has a Best Neighborhoods USA Index of 66.4 and a city ranking of #12 of 43 eligible neighborhoods in Elkhart.

How much are homes worth in Riverview?

The current Zillow Home Value Index for Riverview is approximately $233,298.

Are home values rising or falling in Riverview?

Zillow neighborhood values changed 8.1% year over year and 0.75% month over month.

What is the Neighborhood Momentum Score for Riverview?

Riverview has a Neighborhood Momentum Score of 94.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Riverview?

The NDS-derived neighborhood median household income is approximately $60,639.

How affordable is Riverview relative to household income?

The current Zillow home-value-to-household-income ratio is 3.85. Price-to-income affordability is a major Value Opportunity input.

Is Riverview primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 97.2%.

What is the unemployment rate in Riverview?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Riverview?

Approximately 16.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Riverview face high rent burden?

Approximately 1.1% 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 Riverview?

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 applications35
Estimated originations25
Home-purchase applications15
Origination rate69.8%
Home-purchase share43.2%
Average application loan$397,074
Total application loan amount$14,001,859
National application rank#8,627 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.8% YoY; originations -3.9% 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.