Neighborhood Profile

Westwood-Fairway

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
51.5
National rank: #7,076 of 14,967
Stability and Strength
43.4
Score
Value Opportunity
45.1
Score
Momentum
73.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#7,076 of 14,967
State rank#412 of 656
City rank#229 of 302
County rank#229 of 302
National percentile52.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$333,017
Year-over-year home value change2.2%
Month-over-month home value change0.66%
Home value to income ratio5.49
Median household income$60,636
Bachelor's degree or higher17.6%
Civilian unemployment rate3.8%
Homeownership rate41.0%
Housing vacancy rate1.3%
Rent burden 30% or higher39.2%

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 Westwood-Fairway

What is the Best Neighborhoods USA ranking for Westwood-Fairway?

Westwood-Fairway is ranked #229 of 302 eligible neighborhoods in Fort Wayne; #412 of 656 eligible neighborhoods in IN; and #7,076 of 14,967 eligible neighborhoods in the United States.

Is Westwood-Fairway one of the best neighborhoods in Fort Wayne?

Westwood-Fairway has a Best Neighborhoods USA Index of 51.5 and a city ranking of #229 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Westwood-Fairway?

The current Zillow Home Value Index for Westwood-Fairway is approximately $333,017.

Are home values rising or falling in Westwood-Fairway?

Zillow neighborhood values changed 2.2% year over year and 0.66% month over month.

What is the Neighborhood Momentum Score for Westwood-Fairway?

Westwood-Fairway has a Neighborhood Momentum Score of 73.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Westwood-Fairway?

The NDS-derived neighborhood median household income is approximately $60,636.

How affordable is Westwood-Fairway relative to household income?

The current Zillow home-value-to-household-income ratio is 5.49. Price-to-income affordability is a major Value Opportunity input.

Is Westwood-Fairway primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 41.0%.

What is the unemployment rate in Westwood-Fairway?

The NDS-derived civilian unemployment rate is approximately 3.8%.

How educated are residents of Westwood-Fairway?

Approximately 17.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Westwood-Fairway face high rent burden?

Approximately 39.2% 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 Westwood-Fairway?

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 applications7
Estimated originations4
Home-purchase applications4
Origination rate51.4%
Home-purchase share50.2%
Average application loan$174,702
Total application loan amount$1,272,302
National application rank#13,146 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.8% YoY; originations 5.9% 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.