What is the Best Neighborhoods USA ranking for Center City?
Center City is ranked #10 of 21 eligible neighborhoods in Marion; #583 of 656 eligible neighborhoods in IN; and #12,165 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Center City
Marion, IN | Grant County
Scored premium profile
Best Neighborhoods USA Index
35.8
Stability and Strength
18.9
Value Opportunity
43.2
Momentum
52.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Marion, IN |
| County | Grant County |
| National rank | #12,165 of 14,967 |
| State rank | #583 of 656 |
| City rank | #10 of 21 |
| County rank | #10 of 21 |
| National percentile | 18.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $57,856 |
| Year-over-year home value change | 2.8% |
| Month-over-month home value change | -0.51% |
| Home value to income ratio | 1.77 |
| Median household income | $32,761 |
| Bachelor's degree or higher | 5.5% |
| Civilian unemployment rate | 14.3% |
| Homeownership rate | 59.6% |
| Housing vacancy rate | 21.4% |
| Rent burden 30% or higher | 43.1% |
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 Center City
Is Center City one of the best neighborhoods in Marion?
Center City has a Best Neighborhoods USA Index of 35.8 and a city ranking of #10 of 21 eligible neighborhoods in Marion.
How much are homes worth in Center City?
The current Zillow Home Value Index for Center City is approximately $57,856.
Are home values rising or falling in Center City?
Zillow neighborhood values changed 2.8% year over year and -0.51% month over month.
What is the Neighborhood Momentum Score for Center City?
Center City has a Neighborhood Momentum Score of 52.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Center City?
The NDS-derived neighborhood median household income is approximately $32,761.
How affordable is Center City relative to household income?
The current Zillow home-value-to-household-income ratio is 1.77. Price-to-income affordability is a major Value Opportunity input.
Is Center City primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 59.6%.
What is the unemployment rate in Center City?
The NDS-derived civilian unemployment rate is approximately 14.3%.
How educated are residents of Center City?
Approximately 5.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Center City face high rent burden?
Approximately 43.1% 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 Center City?
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 applications28
Estimated originations13
Home-purchase applications13
Origination rate46.7%
Home-purchase share48.0%
Average application loan$67,433
Total application loan amount$1,887,064
National application rank#9,506 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 55.0% YoY; originations 49.8% 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.