What is the Best Neighborhoods USA ranking for Covington Shores?
Covington Shores is ranked No published Granger rank is currently available; #20 of 656 eligible neighborhoods in IN; and #253 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Covington Shores
Granger, IN | Saint Joseph County
Scored premium profile
Best Neighborhoods USA Index
79.5
Stability and Strength
81.0
Value Opportunity
83.9
Momentum
71.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Granger, IN |
| County | Saint Joseph County |
| National rank | #253 of 14,967 |
| State rank | #20 of 656 |
| City rank | Not available |
| County rank | #1 of 36 |
| National percentile | 98.3 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $783,889 |
| Year-over-year home value change | 3.6% |
| Month-over-month home value change | 0.10% |
| Home value to income ratio | 3.68 |
| Median household income | $212,760 |
| Bachelor's degree or higher | 75.8% |
| Civilian unemployment rate | 3.3% |
| Homeownership rate | 96.7% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 100.0% |
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 Covington Shores
Is Covington Shores one of the best neighborhoods in Granger?
Covington Shores has a Best Neighborhoods USA Index of 79.5 and a city ranking of No published Granger rank is currently available.
How much are homes worth in Covington Shores?
The current Zillow Home Value Index for Covington Shores is approximately $783,889.
Are home values rising or falling in Covington Shores?
Zillow neighborhood values changed 3.6% year over year and 0.10% month over month.
What is the Neighborhood Momentum Score for Covington Shores?
Covington Shores has a Neighborhood Momentum Score of 71.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Covington Shores?
The NDS-derived neighborhood median household income is approximately $212,760.
How affordable is Covington Shores relative to household income?
The current Zillow home-value-to-household-income ratio is 3.68. Price-to-income affordability is a major Value Opportunity input.
Is Covington Shores primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 96.7%.
What is the unemployment rate in Covington Shores?
The NDS-derived civilian unemployment rate is approximately 3.3%.
How educated are residents of Covington Shores?
Approximately 75.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Covington Shores face high rent burden?
Approximately 100.0% 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 Covington Shores?
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
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 applications30
Estimated originations22
Home-purchase applications11
Origination rate72.5%
Home-purchase share35.7%
Average application loan$302,435
Total application loan amount$9,112,398
National application rank#9,209 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.5% YoY; originations 7.1% 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.