Neighborhood Profile

North Center

Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
72.3
National rank: #973 of 14,967
Stability and Strength
73.1
Score
Value Opportunity
52.3
Score
Momentum
99.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChicago, IL
CountyCook County
National rank#973 of 14,967
State rank#40 of 261
City rank#24 of 179
County rank#28 of 190
National percentile93.5
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,439,458
Year-over-year home value change14.4%
Month-over-month home value change1.32%
Home value to income ratio9.85
Median household income$146,097
Bachelor's degree or higher78.9%
Civilian unemployment rate3.5%
Homeownership rate56.6%
Housing vacancy rate9.2%
Rent burden 30% or higher33.5%

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 North Center

What is the Best Neighborhoods USA ranking for North Center?

North Center is ranked #24 of 179 eligible neighborhoods in Chicago; #40 of 261 eligible neighborhoods in IL; and #973 of 14,967 eligible neighborhoods in the United States.

Is North Center one of the best neighborhoods in Chicago?

North Center has a Best Neighborhoods USA Index of 72.3 and a city ranking of #24 of 179 eligible neighborhoods in Chicago.

How much are homes worth in North Center?

The current Zillow Home Value Index for North Center is approximately $1,439,458.

Are home values rising or falling in North Center?

Zillow neighborhood values changed 14.4% year over year and 1.32% month over month.

What is the Neighborhood Momentum Score for North Center?

North Center has a Neighborhood Momentum Score of 99.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North Center?

The NDS-derived neighborhood median household income is approximately $146,097.

How affordable is North Center relative to household income?

The current Zillow home-value-to-household-income ratio is 9.85. Price-to-income affordability is a major Value Opportunity input.

Is North Center primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.6%.

What is the unemployment rate in North Center?

The NDS-derived civilian unemployment rate is approximately 3.5%.

How educated are residents of North Center?

Approximately 78.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North Center face high rent burden?

Approximately 33.5% 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 North Center?

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 applications483
Estimated originations323
Home-purchase applications289
Origination rate66.9%
Home-purchase share59.8%
Average application loan$587,349
Total application loan amount$283,941,985
National application rank#588 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.9% YoY; originations -4.0% 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.