What is the Best Neighborhoods USA ranking for Tower Heights?
Tower Heights is ranked #248 of 302 eligible neighborhoods in Fort Wayne; #452 of 656 eligible neighborhoods in IN; and #8,074 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Tower Heights
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
48.7
Stability and Strength
38.3
Value Opportunity
50.4
Momentum
63.1
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 | #8,074 of 14,967 |
| State rank | #452 of 656 |
| City rank | #248 of 302 |
| County rank | #248 of 302 |
| National percentile | 46.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $217,877 |
| Year-over-year home value change | 2.3% |
| Month-over-month home value change | 0.10% |
| Home value to income ratio | 3.91 |
| Median household income | $55,691 |
| Bachelor's degree or higher | 23.5% |
| Civilian unemployment rate | 6.4% |
| Homeownership rate | 82.0% |
| Housing vacancy rate | 4.0% |
| Rent burden 30% or higher | 99.8% |
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 Tower Heights
Is Tower Heights one of the best neighborhoods in Fort Wayne?
Tower Heights has a Best Neighborhoods USA Index of 48.7 and a city ranking of #248 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Tower Heights?
The current Zillow Home Value Index for Tower Heights is approximately $217,877.
Are home values rising or falling in Tower Heights?
Zillow neighborhood values changed 2.3% year over year and 0.10% month over month.
What is the Neighborhood Momentum Score for Tower Heights?
Tower Heights has a Neighborhood Momentum Score of 63.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Tower Heights?
The NDS-derived neighborhood median household income is approximately $55,691.
How affordable is Tower Heights 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 Tower Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 82.0%.
What is the unemployment rate in Tower Heights?
The NDS-derived civilian unemployment rate is approximately 6.4%.
How educated are residents of Tower Heights?
Approximately 23.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Tower Heights face high rent burden?
Approximately 99.8% 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 Tower Heights?
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 applications22
Estimated originations15
Home-purchase applications12
Origination rate68.8%
Home-purchase share56.9%
Average application loan$100,431
Total application loan amount$2,202,815
National application rank#10,341 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.0% YoY; originations 13.6% 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.