Neighborhood Profile

Lexington River Bend

Elkhart, IN | Elkhart County
Scored premium profile
Best Neighborhoods USA Index
67.4
National rank: #1,922 of 14,967
Stability and Strength
61.8
Score
Value Opportunity
70.5
Score
Momentum
72.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationElkhart, IN
CountyElkhart County
National rank#1,922 of 14,967
State rank#148 of 656
City rank#10 of 43
County rank#11 of 59
National percentile87.2
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$151,093
Year-over-year home value change5.5%
Month-over-month home value change-0.12%
Home value to income ratio2.04
Median household income$73,978
Bachelor's degree or higher33.9%
Civilian unemployment rate1.8%
Homeownership rate82.3%
Housing vacancy rate9.4%
Rent burden 30% or higher2.2%

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 Lexington River Bend

What is the Best Neighborhoods USA ranking for Lexington River Bend?

Lexington River Bend is ranked #10 of 43 eligible neighborhoods in Elkhart; #148 of 656 eligible neighborhoods in IN; and #1,922 of 14,967 eligible neighborhoods in the United States.

Is Lexington River Bend one of the best neighborhoods in Elkhart?

Lexington River Bend has a Best Neighborhoods USA Index of 67.4 and a city ranking of #10 of 43 eligible neighborhoods in Elkhart.

How much are homes worth in Lexington River Bend?

The current Zillow Home Value Index for Lexington River Bend is approximately $151,093.

Are home values rising or falling in Lexington River Bend?

Zillow neighborhood values changed 5.5% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Lexington River Bend?

Lexington River Bend has a Neighborhood Momentum Score of 72.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lexington River Bend?

The NDS-derived neighborhood median household income is approximately $73,978.

How affordable is Lexington River Bend relative to household income?

The current Zillow home-value-to-household-income ratio is 2.04. Price-to-income affordability is a major Value Opportunity input.

Is Lexington River Bend primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 82.3%.

What is the unemployment rate in Lexington River Bend?

The NDS-derived civilian unemployment rate is approximately 1.8%.

How educated are residents of Lexington River Bend?

Approximately 33.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lexington River Bend face high rent burden?

Approximately 2.2% 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 Lexington River Bend?

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 applications11
Estimated originations7
Home-purchase applications5
Origination rate65.5%
Home-purchase share45.9%
Average application loan$103,228
Total application loan amount$1,102,091
National application rank#12,363 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.2% YoY; originations -9.7% 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.