What is the Best Neighborhoods USA ranking for Lorraine Park?
Lorraine Park is ranked #11 of 35 eligible neighborhoods in Evansville; #311 of 656 eligible neighborhoods in IN; and #4,790 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lorraine Park
Evansville, IN | Vanderburgh County
Scored premium profile
Best Neighborhoods USA Index
57.7
Stability and Strength
42.2
Value Opportunity
60.1
Momentum
79.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Evansville, IN |
| County | Vanderburgh County |
| National rank | #4,790 of 14,967 |
| State rank | #311 of 656 |
| City rank | #11 of 35 |
| County rank | #11 of 35 |
| National percentile | 68.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $145,543 |
| Year-over-year home value change | 6.8% |
| Month-over-month home value change | 0.01% |
| Home value to income ratio | 2.51 |
| Median household income | $57,979 |
| Bachelor's degree or higher | 14.0% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 68.7% |
| Housing vacancy rate | 32.5% |
| Rent burden 30% or higher | 58.7% |
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 Lorraine Park
Is Lorraine Park one of the best neighborhoods in Evansville?
Lorraine Park has a Best Neighborhoods USA Index of 57.7 and a city ranking of #11 of 35 eligible neighborhoods in Evansville.
How much are homes worth in Lorraine Park?
The current Zillow Home Value Index for Lorraine Park is approximately $145,543.
Are home values rising or falling in Lorraine Park?
Zillow neighborhood values changed 6.8% year over year and 0.01% month over month.
What is the Neighborhood Momentum Score for Lorraine Park?
Lorraine Park has a Neighborhood Momentum Score of 79.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lorraine Park?
The NDS-derived neighborhood median household income is approximately $57,979.
How affordable is Lorraine Park relative to household income?
The current Zillow home-value-to-household-income ratio is 2.51. Price-to-income affordability is a major Value Opportunity input.
Is Lorraine Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 68.7%.
What is the unemployment rate in Lorraine Park?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Lorraine Park?
Approximately 14.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lorraine Park face high rent burden?
Approximately 58.7% 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 Lorraine Park?
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 applications54
Estimated originations34
Home-purchase applications25
Origination rate63.1%
Home-purchase share46.5%
Average application loan$107,362
Total application loan amount$5,805,644
National application rank#6,927 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.7% YoY; originations 12.6% 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.