Neighborhood Profile

Burnside

Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
50.8
National rank: #7,339 of 14,967
Stability and Strength
29.1
Score
Value Opportunity
48.0
Score
Momentum
89.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChicago, IL
CountyCook County
National rank#7,339 of 14,967
State rank#167 of 261
City rank#111 of 179
County rank#119 of 190
National percentile51.0
National bandMIDDLE_50_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$174,101
Year-over-year home value change8.0%
Month-over-month home value change0.34%
Home value to income ratio3.12
Median household income$55,790
Bachelor's degree or higher29.7%
Civilian unemployment rate21.6%
Homeownership rate52.7%
Housing vacancy rate12.2%
Rent burden 30% or higher46.5%

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 Burnside

What is the Best Neighborhoods USA ranking for Burnside?

Burnside is ranked #111 of 179 eligible neighborhoods in Chicago; #167 of 261 eligible neighborhoods in IL; and #7,339 of 14,967 eligible neighborhoods in the United States.

Is Burnside one of the best neighborhoods in Chicago?

Burnside has a Best Neighborhoods USA Index of 50.8 and a city ranking of #111 of 179 eligible neighborhoods in Chicago.

How much are homes worth in Burnside?

The current Zillow Home Value Index for Burnside is approximately $174,101.

Are home values rising or falling in Burnside?

Zillow neighborhood values changed 8.0% year over year and 0.34% month over month.

What is the Neighborhood Momentum Score for Burnside?

Burnside has a Neighborhood Momentum Score of 89.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Burnside?

The NDS-derived neighborhood median household income is approximately $55,790.

How affordable is Burnside relative to household income?

The current Zillow home-value-to-household-income ratio is 3.12. Price-to-income affordability is a major Value Opportunity input.

Is Burnside primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 52.7%.

What is the unemployment rate in Burnside?

The NDS-derived civilian unemployment rate is approximately 21.6%.

How educated are residents of Burnside?

Approximately 29.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Burnside face high rent burden?

Approximately 46.5% 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 Burnside?

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 applications296
Estimated originations129
Home-purchase applications155
Origination rate43.7%
Home-purchase share52.5%
Average application loan$180,740
Total application loan amount$53,442,421
National application rank#1,216 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -6.8% YoY; originations 1.6% 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.