Neighborhood Profile

Butler-Tarkington

Indianapolis, IN | Marion County
Scored premium profile
Best Neighborhoods USA Index
57.9
National rank: #4,737 of 14,967
Stability and Strength
59.7
Score
Value Opportunity
66.2
Score
Momentum
43.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIndianapolis, IN
CountyMarion County
National rank#4,737 of 14,967
State rank#306 of 656
City rank#25 of 82
County rank#25 of 82
National percentile68.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$361,667
Year-over-year home value change1.0%
Month-over-month home value change-0.37%
Home value to income ratio3.79
Median household income$95,377
Bachelor's degree or higher66.3%
Civilian unemployment rate4.3%
Homeownership rate67.2%
Housing vacancy rate11.2%
Rent burden 30% or higher56.6%

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 Butler-Tarkington

What is the Best Neighborhoods USA ranking for Butler-Tarkington?

Butler-Tarkington is ranked #25 of 82 eligible neighborhoods in Indianapolis; #306 of 656 eligible neighborhoods in IN; and #4,737 of 14,967 eligible neighborhoods in the United States.

Is Butler-Tarkington one of the best neighborhoods in Indianapolis?

Butler-Tarkington has a Best Neighborhoods USA Index of 57.9 and a city ranking of #25 of 82 eligible neighborhoods in Indianapolis.

How much are homes worth in Butler-Tarkington?

The current Zillow Home Value Index for Butler-Tarkington is approximately $361,667.

Are home values rising or falling in Butler-Tarkington?

Zillow neighborhood values changed 1.0% year over year and -0.37% month over month.

What is the Neighborhood Momentum Score for Butler-Tarkington?

Butler-Tarkington has a Neighborhood Momentum Score of 43.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Butler-Tarkington?

The NDS-derived neighborhood median household income is approximately $95,377.

How affordable is Butler-Tarkington relative to household income?

The current Zillow home-value-to-household-income ratio is 3.79. Price-to-income affordability is a major Value Opportunity input.

Is Butler-Tarkington primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 67.2%.

What is the unemployment rate in Butler-Tarkington?

The NDS-derived civilian unemployment rate is approximately 4.3%.

How educated are residents of Butler-Tarkington?

Approximately 66.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Butler-Tarkington face high rent burden?

Approximately 56.6% 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 Butler-Tarkington?

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 applications420
Estimated originations257
Home-purchase applications221
Origination rate61.1%
Home-purchase share52.7%
Average application loan$288,404
Total application loan amount$121,209,157
National application rank#724 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.2% YoY; originations 9.9% 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.