Neighborhood Profile

Lafayette Place

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
59.0
National rank: #4,373 of 14,967
Stability and Strength
52.1
Score
Value Opportunity
62.6
Score
Momentum
64.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#4,373 of 14,967
State rank#286 of 656
City rank#178 of 302
County rank#178 of 302
National percentile70.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$161,756
Year-over-year home value change2.6%
Month-over-month home value change0.10%
Home value to income ratio2.01
Median household income$80,586
Bachelor's degree or higher46.5%
Civilian unemployment rate13.4%
Homeownership rate88.2%
Housing vacancy rate10.8%
Rent burden 30% or higher16.8%

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 Lafayette Place

What is the Best Neighborhoods USA ranking for Lafayette Place?

Lafayette Place is ranked #178 of 302 eligible neighborhoods in Fort Wayne; #286 of 656 eligible neighborhoods in IN; and #4,373 of 14,967 eligible neighborhoods in the United States.

Is Lafayette Place one of the best neighborhoods in Fort Wayne?

Lafayette Place has a Best Neighborhoods USA Index of 59.0 and a city ranking of #178 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Lafayette Place?

The current Zillow Home Value Index for Lafayette Place is approximately $161,756.

Are home values rising or falling in Lafayette Place?

Zillow neighborhood values changed 2.6% year over year and 0.10% month over month.

What is the Neighborhood Momentum Score for Lafayette Place?

Lafayette Place has a Neighborhood Momentum Score of 64.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lafayette Place?

The NDS-derived neighborhood median household income is approximately $80,586.

How affordable is Lafayette Place relative to household income?

The current Zillow home-value-to-household-income ratio is 2.01. Price-to-income affordability is a major Value Opportunity input.

Is Lafayette Place primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 88.2%.

What is the unemployment rate in Lafayette Place?

The NDS-derived civilian unemployment rate is approximately 13.4%.

How educated are residents of Lafayette Place?

Approximately 46.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lafayette Place face high rent burden?

Approximately 16.8% 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 Lafayette 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

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 applications14
Estimated originations9
Home-purchase applications9
Origination rate62.9%
Home-purchase share65.7%
Average application loan$104,386
Total application loan amount$1,461,112
National application rank#11,687 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -25.5% YoY; originations -16.9% 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.