Neighborhood Profile

Southwick Village

Fort Wayne, IN | Allen County
Scored premium profile
Best Neighborhoods USA Index
48.0
National rank: #8,342 of 14,967
Stability and Strength
44.6
Score
Value Opportunity
47.7
Score
Momentum
53.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Wayne, IN
CountyAllen County
National rank#8,342 of 14,967
State rank#464 of 656
City rank#253 of 302
County rank#253 of 302
National percentile44.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$196,180
Year-over-year home value change0.6%
Month-over-month home value change0.15%
Home value to income ratio4.88
Median household income$40,232
Bachelor's degree or higher8.0%
Civilian unemployment rate0.0%
Homeownership rate85.6%
Housing vacancy rate2.6%
Rent burden 30% or higher79.6%

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 Southwick Village

What is the Best Neighborhoods USA ranking for Southwick Village?

Southwick Village is ranked #253 of 302 eligible neighborhoods in Fort Wayne; #464 of 656 eligible neighborhoods in IN; and #8,342 of 14,967 eligible neighborhoods in the United States.

Is Southwick Village one of the best neighborhoods in Fort Wayne?

Southwick Village has a Best Neighborhoods USA Index of 48.0 and a city ranking of #253 of 302 eligible neighborhoods in Fort Wayne.

How much are homes worth in Southwick Village?

The current Zillow Home Value Index for Southwick Village is approximately $196,180.

Are home values rising or falling in Southwick Village?

Zillow neighborhood values changed 0.6% year over year and 0.15% month over month.

What is the Neighborhood Momentum Score for Southwick Village?

Southwick Village has a Neighborhood Momentum Score of 53.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Southwick Village?

The NDS-derived neighborhood median household income is approximately $40,232.

How affordable is Southwick Village relative to household income?

The current Zillow home-value-to-household-income ratio is 4.88. Price-to-income affordability is a major Value Opportunity input.

Is Southwick Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.6%.

What is the unemployment rate in Southwick Village?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Southwick Village?

Approximately 8.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Southwick Village face high rent burden?

Approximately 79.6% 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 Southwick Village?

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 applications5
Estimated originations3
Home-purchase applications3
Origination rate65.1%
Home-purchase share56.6%
Average application loan$131,220
Total application loan amount$634,914
National application rank#13,791 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.1% YoY; originations 16.0% 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.