What is the Best Neighborhoods USA ranking for Illsley Place?
Illsley Place is ranked #126 of 302 eligible neighborhoods in Fort Wayne; #193 of 656 eligible neighborhoods in IN; and #2,494 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Illsley Place
Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
65.0
Stability and Strength
74.8
Value Opportunity
84.6
Momentum
21.8
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 | #2,494 of 14,967 |
| State rank | #193 of 656 |
| City rank | #126 of 302 |
| County rank | #126 of 302 |
| National percentile | 83.3 |
| National band | TOP_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $319,341 |
| Year-over-year home value change | -2.5% |
| Month-over-month home value change | -0.18% |
| Home value to income ratio | 2.45 |
| Median household income | $130,300 |
| Bachelor's degree or higher | 70.5% |
| Civilian unemployment rate | 4.1% |
| Homeownership rate | 94.5% |
| Housing vacancy rate | 2.3% |
| Rent burden 30% or higher | 63.6% |
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 Illsley Place
Is Illsley Place one of the best neighborhoods in Fort Wayne?
Illsley Place has a Best Neighborhoods USA Index of 65.0 and a city ranking of #126 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Illsley Place?
The current Zillow Home Value Index for Illsley Place is approximately $319,341.
Are home values rising or falling in Illsley Place?
Zillow neighborhood values changed -2.5% year over year and -0.18% month over month.
What is the Neighborhood Momentum Score for Illsley Place?
Illsley Place has a Neighborhood Momentum Score of 21.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Illsley Place?
The NDS-derived neighborhood median household income is approximately $130,300.
How affordable is Illsley Place relative to household income?
The current Zillow home-value-to-household-income ratio is 2.45. Price-to-income affordability is a major Value Opportunity input.
Is Illsley Place primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 94.5%.
What is the unemployment rate in Illsley Place?
The NDS-derived civilian unemployment rate is approximately 4.1%.
How educated are residents of Illsley Place?
Approximately 70.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Illsley Place face high rent burden?
Approximately 63.6% 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 Illsley Place?
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 applications5
Estimated originations3
Home-purchase applications2
Origination rate62.3%
Home-purchase share52.3%
Average application loan$129,228
Total application loan amount$612,871
National application rank#13,820 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.0% YoY; originations 12.5% 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.