Neighborhood Profile

Augusta-New Augusta

Indianapolis, IN | Marion County
Scored premium profile
Best Neighborhoods USA Index
58.6
National rank: #4,501 of 14,967
Stability and Strength
55.5
Score
Value Opportunity
66.5
Score
Momentum
52.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIndianapolis, IN
CountyMarion County
National rank#4,501 of 14,967
State rank#291 of 656
City rank#23 of 82
County rank#23 of 82
National percentile70.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$287,195
Year-over-year home value change1.0%
Month-over-month home value change0.02%
Home value to income ratio3.64
Median household income$78,943
Bachelor's degree or higher41.6%
Civilian unemployment rate3.2%
Homeownership rate47.4%
Housing vacancy rate3.3%
Rent burden 30% or higher46.4%

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 Augusta-New Augusta

What is the Best Neighborhoods USA ranking for Augusta-New Augusta?

Augusta-New Augusta is ranked #23 of 82 eligible neighborhoods in Indianapolis; #291 of 656 eligible neighborhoods in IN; and #4,501 of 14,967 eligible neighborhoods in the United States.

Is Augusta-New Augusta one of the best neighborhoods in Indianapolis?

Augusta-New Augusta has a Best Neighborhoods USA Index of 58.6 and a city ranking of #23 of 82 eligible neighborhoods in Indianapolis.

How much are homes worth in Augusta-New Augusta?

The current Zillow Home Value Index for Augusta-New Augusta is approximately $287,195.

Are home values rising or falling in Augusta-New Augusta?

Zillow neighborhood values changed 1.0% year over year and 0.02% month over month.

What is the Neighborhood Momentum Score for Augusta-New Augusta?

Augusta-New Augusta has a Neighborhood Momentum Score of 52.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Augusta-New Augusta?

The NDS-derived neighborhood median household income is approximately $78,943.

How affordable is Augusta-New Augusta relative to household income?

The current Zillow home-value-to-household-income ratio is 3.64. Price-to-income affordability is a major Value Opportunity input.

Is Augusta-New Augusta primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.4%.

What is the unemployment rate in Augusta-New Augusta?

The NDS-derived civilian unemployment rate is approximately 3.2%.

How educated are residents of Augusta-New Augusta?

Approximately 41.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Augusta-New Augusta face high rent burden?

Approximately 46.4% 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 Augusta-New Augusta?

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 applications406
Estimated originations226
Home-purchase applications179
Origination rate55.8%
Home-purchase share44.1%
Average application loan$187,104
Total application loan amount$75,872,227
National application rank#771 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 33.4% YoY; originations 45.9% 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.