What is the Best Neighborhoods USA ranking for Inverness Lakes?
Inverness Lakes is ranked #140 of 302 eligible neighborhoods in Fort Wayne; #216 of 656 eligible neighborhoods in IN; and #2,939 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Inverness Lakes
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
63.5
Stability and Strength
68.3
Value Opportunity
58.6
Momentum
62.5
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 | #2,939 of 14,967 |
| State rank | #216 of 656 |
| City rank | #140 of 302 |
| County rank | #140 of 302 |
| National percentile | 80.4 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $617,935 |
| Year-over-year home value change | 1.6% |
| Month-over-month home value change | 0.24% |
| Home value to income ratio | 6.24 |
| Median household income | $99,005 |
| Bachelor's degree or higher | 60.4% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 71.3% |
| Housing vacancy rate | 2.9% |
| Rent burden 30% or higher | 55.7% |
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 Inverness Lakes
Is Inverness Lakes one of the best neighborhoods in Fort Wayne?
Inverness Lakes has a Best Neighborhoods USA Index of 63.5 and a city ranking of #140 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Inverness Lakes?
The current Zillow Home Value Index for Inverness Lakes is approximately $617,935.
Are home values rising or falling in Inverness Lakes?
Zillow neighborhood values changed 1.6% year over year and 0.24% month over month.
What is the Neighborhood Momentum Score for Inverness Lakes?
Inverness Lakes has a Neighborhood Momentum Score of 62.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Inverness Lakes?
The NDS-derived neighborhood median household income is approximately $99,005.
How affordable is Inverness Lakes relative to household income?
The current Zillow home-value-to-household-income ratio is 6.24. Price-to-income affordability is a major Value Opportunity input.
Is Inverness Lakes primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 71.3%.
What is the unemployment rate in Inverness Lakes?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Inverness Lakes?
Approximately 60.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Inverness Lakes face high rent burden?
Approximately 55.7% 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 Inverness Lakes?
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 applications13
Estimated originations10
Home-purchase applications5
Origination rate73.3%
Home-purchase share40.7%
Average application loan$190,067
Total application loan amount$2,496,582
National application rank#11,846 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.1% YoY; originations 19.6% 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.