| Context | Value |
|---|
| Location | Columbus, OH |
| County | Franklin County |
| National rank | #14,243 of 14,967 |
| State rank | #448 of 481 |
| City rank | #193 of 202 |
| County rank | #206 of 215 |
| National percentile | 4.9 |
| National band | LOWER_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $357,761 |
| Year-over-year home value change | -9.8% |
| Month-over-month home value change | 1.03% |
| Home value to income ratio | 11.72 |
| Median household income | $30,535 |
| Bachelor's degree or higher | 40.7% |
| Civilian unemployment rate | 6.5% |
| Homeownership rate | 11.8% |
| Housing vacancy rate | 13.6% |
| Rent burden 30% or higher | 60.9% |
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 Indianola Terrace
What is the Best Neighborhoods USA ranking for Indianola Terrace?
Indianola Terrace is ranked #193 of 202 eligible neighborhoods in Columbus; #448 of 481 eligible neighborhoods in OH; and #14,243 of 14,967 eligible neighborhoods in the United States.
Is Indianola Terrace one of the best neighborhoods in Columbus?
Indianola Terrace has a Best Neighborhoods USA Index of 24.6 and a city ranking of #193 of 202 eligible neighborhoods in Columbus.
How much are homes worth in Indianola Terrace?
The current Zillow Home Value Index for Indianola Terrace is approximately $357,761.
Are home values rising or falling in Indianola Terrace?
Zillow neighborhood values changed -9.8% year over year and 1.03% month over month.
What is the Neighborhood Momentum Score for Indianola Terrace?
Indianola Terrace has a Neighborhood Momentum Score of 29.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Indianola Terrace?
The NDS-derived neighborhood median household income is approximately $30,535.
How affordable is Indianola Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 11.72. Price-to-income affordability is a major Value Opportunity input.
Is Indianola Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 11.8%.
What is the unemployment rate in Indianola Terrace?
The NDS-derived civilian unemployment rate is approximately 6.5%.
How educated are residents of Indianola Terrace?
Approximately 40.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Indianola Terrace face high rent burden?
Approximately 60.9% 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 Indianola Terrace?
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 applications40
Estimated originations23
Home-purchase applications28
Origination rate57.3%
Home-purchase share69.8%
Average application loan$749,237
Total application loan amount$29,765,575
National application rank#8,165 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 43.9% YoY; originations 39.8% 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.