What is the Best Neighborhoods USA ranking for Springwood-Orchard Woods?
Springwood-Orchard Woods is ranked #200 of 302 eligible neighborhoods in Fort Wayne; #334 of 656 eligible neighborhoods in IN; and #5,334 of 14,967 eligible neighborhoods in the United States.
Is Springwood-Orchard Woods one of the best neighborhoods in Fort Wayne?
Springwood-Orchard Woods has a Best Neighborhoods USA Index of 56.2 and a city ranking of #200 of 302 eligible neighborhoods in Fort Wayne.
How much are homes worth in Springwood-Orchard Woods?
The current Zillow Home Value Index for Springwood-Orchard Woods is approximately $200,251.
Are home values rising or falling in Springwood-Orchard Woods?
Zillow neighborhood values changed 3.6% year over year and 0.56% month over month.
What is the Neighborhood Momentum Score for Springwood-Orchard Woods?
Springwood-Orchard Woods has a Neighborhood Momentum Score of 80.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Springwood-Orchard Woods?
The NDS-derived neighborhood median household income is approximately $55,362.
How affordable is Springwood-Orchard Woods 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 Springwood-Orchard Woods primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 54.3%.
What is the unemployment rate in Springwood-Orchard Woods?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Springwood-Orchard Woods?
Approximately 8.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Springwood-Orchard Woods face high rent burden?
Approximately 50.4% 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 Springwood-Orchard Woods?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.