Neighborhood Profile

Strong

Elkhart, IN | Elkhart County
Scored premium profile
Best Neighborhoods USA Index
57.8
National rank: #4,759 of 14,967
Stability and Strength
51.7
Score
Value Opportunity
57.9
Score
Momentum
67.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationElkhart, IN
CountyElkhart County
National rank#4,759 of 14,967
State rank#308 of 656
City rank#20 of 43
County rank#27 of 59
National percentile68.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$195,213
Year-over-year home value change1.3%
Month-over-month home value change0.62%
Home value to income ratio3.27
Median household income$59,617
Bachelor's degree or higher20.7%
Civilian unemployment rate3.4%
Homeownership rate82.3%
Housing vacancy rate6.7%
Rent burden 30% or higher22.5%

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 Strong

What is the Best Neighborhoods USA ranking for Strong?

Strong is ranked #20 of 43 eligible neighborhoods in Elkhart; #308 of 656 eligible neighborhoods in IN; and #4,759 of 14,967 eligible neighborhoods in the United States.

Is Strong one of the best neighborhoods in Elkhart?

Strong has a Best Neighborhoods USA Index of 57.8 and a city ranking of #20 of 43 eligible neighborhoods in Elkhart.

How much are homes worth in Strong?

The current Zillow Home Value Index for Strong is approximately $195,213.

Are home values rising or falling in Strong?

Zillow neighborhood values changed 1.3% year over year and 0.62% month over month.

What is the Neighborhood Momentum Score for Strong?

Strong has a Neighborhood Momentum Score of 67.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Strong?

The NDS-derived neighborhood median household income is approximately $59,617.

How affordable is Strong relative to household income?

The current Zillow home-value-to-household-income ratio is 3.27. Price-to-income affordability is a major Value Opportunity input.

Is Strong primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 82.3%.

What is the unemployment rate in Strong?

The NDS-derived civilian unemployment rate is approximately 3.4%.

How educated are residents of Strong?

Approximately 20.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Strong face high rent burden?

Approximately 22.5% 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 Strong?

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 applications16
Estimated originations11
Home-purchase applications8
Origination rate65.5%
Home-purchase share45.8%
Average application loan$103,274
Total application loan amount$1,690,398
National application rank#11,229 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.2% YoY; originations -9.8% 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.