Neighborhood Profile

Mount Vernon Park

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
49.2
National rank: #7,921 of 14,967
Stability and Strength
29.8
Score
Value Opportunity
44.6
Score
Momentum
86.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#7,921 of 14,967
State rank#445 of 656
City rank#245 of 302
County rank#245 of 302
National percentile47.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$117,145
Year-over-year home value change7.5%
Month-over-month home value change0.25%
Home value to income ratio3.62
Median household income$32,390
Bachelor's degree or higher0.1%
Civilian unemployment rate5.4%
Homeownership rate85.8%
Housing vacancy rate6.2%
Rent burden 30% or higher77.3%

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 Mount Vernon Park

What is the Best Neighborhoods USA ranking for Mount Vernon Park?

Mount Vernon Park is ranked #245 of 302 eligible neighborhoods in Fort Wayne; #445 of 656 eligible neighborhoods in IN; and #7,921 of 14,967 eligible neighborhoods in the United States.

Is Mount Vernon Park one of the best neighborhoods in Fort Wayne?

Mount Vernon Park has a Best Neighborhoods USA Index of 49.2 and a city ranking of #245 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Mount Vernon Park?

The current Zillow Home Value Index for Mount Vernon Park is approximately $117,145.

Are home values rising or falling in Mount Vernon Park?

Zillow neighborhood values changed 7.5% year over year and 0.25% month over month.

What is the Neighborhood Momentum Score for Mount Vernon Park?

Mount Vernon Park has a Neighborhood Momentum Score of 86.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Mount Vernon Park?

The NDS-derived neighborhood median household income is approximately $32,390.

How affordable is Mount Vernon Park relative to household income?

The current Zillow home-value-to-household-income ratio is 3.62. Price-to-income affordability is a major Value Opportunity input.

Is Mount Vernon Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.8%.

What is the unemployment rate in Mount Vernon Park?

The NDS-derived civilian unemployment rate is approximately 5.4%.

How educated are residents of Mount Vernon Park?

Approximately 0.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Mount Vernon Park face high rent burden?

Approximately 77.3% 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 Mount Vernon Park?

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 applications25
Estimated originations16
Home-purchase applications15
Origination rate63.6%
Home-purchase share60.9%
Average application loan$189,545
Total application loan amount$4,811,830
National application rank#9,871 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 61.8% YoY; originations 84.2% 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.