Neighborhood Profile

Historic Racemere Peninsula

Goshen, IN | Elkhart County
Scored premium profile
Best Neighborhoods USA Index
65.3
National rank: #2,406 of 14,967
Stability and Strength
51.6
Score
Value Opportunity
60.3
Score
Momentum
94.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGoshen, IN
CountyElkhart County
National rank#2,406 of 14,967
State rank#188 of 656
City rank#3 of 16
County rank#16 of 59
National percentile84.0
National bandTOP_25_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$270,870
Year-over-year home value change7.5%
Month-over-month home value change0.87%
Home value to income ratio3.14
Median household income$86,250
Bachelor's degree or higher50.9%
Civilian unemployment rate8.3%
Homeownership rate65.4%
Housing vacancy rate17.3%
Rent burden 30% or higher11.1%

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 Historic Racemere Peninsula

What is the Best Neighborhoods USA ranking for Historic Racemere Peninsula?

Historic Racemere Peninsula is ranked #3 of 16 eligible neighborhoods in Goshen; #188 of 656 eligible neighborhoods in IN; and #2,406 of 14,967 eligible neighborhoods in the United States.

Is Historic Racemere Peninsula one of the best neighborhoods in Goshen?

Historic Racemere Peninsula has a Best Neighborhoods USA Index of 65.3 and a city ranking of #3 of 16 eligible neighborhoods in Goshen.

How much are homes worth in Historic Racemere Peninsula?

The current Zillow Home Value Index for Historic Racemere Peninsula is approximately $270,870.

Are home values rising or falling in Historic Racemere Peninsula?

Zillow neighborhood values changed 7.5% year over year and 0.87% month over month.

What is the Neighborhood Momentum Score for Historic Racemere Peninsula?

Historic Racemere Peninsula has a Neighborhood Momentum Score of 94.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Historic Racemere Peninsula?

The NDS-derived neighborhood median household income is approximately $86,250.

How affordable is Historic Racemere Peninsula relative to household income?

The current Zillow home-value-to-household-income ratio is 3.14. Price-to-income affordability is a major Value Opportunity input.

Is Historic Racemere Peninsula primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.4%.

What is the unemployment rate in Historic Racemere Peninsula?

The NDS-derived civilian unemployment rate is approximately 8.3%.

How educated are residents of Historic Racemere Peninsula?

Approximately 50.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Historic Racemere Peninsula face high rent burden?

Approximately 11.1% 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 Historic Racemere Peninsula?

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 applications3
Estimated originations2
Home-purchase applications1
Origination rate67.0%
Home-purchase share52.2%
Average application loan$153,030
Total application loan amount$433,583
National application rank#14,345 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 42.0% YoY; originations 30.8% 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.