Neighborhood Profile

Hill Valley

Indianapolis, IN | Marion County
Scored premium profile
Best Neighborhoods USA Index
50.0
National rank: #7,610 of 14,967
Stability and Strength
53.0
Score
Value Opportunity
57.0
Score
Momentum
35.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIndianapolis, IN
CountyMarion County
National rank#7,610 of 14,967
State rank#437 of 656
City rank#40 of 82
County rank#40 of 82
National percentile49.2
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$284,532
Year-over-year home value change0.0%
Month-over-month home value change-0.39%
Home value to income ratio4.16
Median household income$68,323
Bachelor's degree or higher32.2%
Civilian unemployment rate3.6%
Homeownership rate66.8%
Housing vacancy rate4.4%
Rent burden 30% or higher45.0%

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 Hill Valley

What is the Best Neighborhoods USA ranking for Hill Valley?

Hill Valley is ranked #40 of 82 eligible neighborhoods in Indianapolis; #437 of 656 eligible neighborhoods in IN; and #7,610 of 14,967 eligible neighborhoods in the United States.

Is Hill Valley one of the best neighborhoods in Indianapolis?

Hill Valley has a Best Neighborhoods USA Index of 50.0 and a city ranking of #40 of 82 eligible neighborhoods in Indianapolis.

How much are homes worth in Hill Valley?

The current Zillow Home Value Index for Hill Valley is approximately $284,532.

Are home values rising or falling in Hill Valley?

Zillow neighborhood values changed 0.0% year over year and -0.39% month over month.

What is the Neighborhood Momentum Score for Hill Valley?

Hill Valley has a Neighborhood Momentum Score of 35.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hill Valley?

The NDS-derived neighborhood median household income is approximately $68,323.

How affordable is Hill Valley relative to household income?

The current Zillow home-value-to-household-income ratio is 4.16. Price-to-income affordability is a major Value Opportunity input.

Is Hill Valley primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 66.8%.

What is the unemployment rate in Hill Valley?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Hill Valley?

Approximately 32.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hill Valley face high rent burden?

Approximately 45.0% 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 Hill Valley?

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 applications171
Estimated originations102
Home-purchase applications66
Origination rate59.5%
Home-purchase share38.7%
Average application loan$165,060
Total application loan amount$28,196,391
National application rank#2,545 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.7% YoY; originations -15.5% 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.