What is the Best Neighborhoods USA ranking for O'Hare?
O'Hare is ranked #76 of 179 eligible neighborhoods in Chicago; #117 of 261 eligible neighborhoods in IL; and #4,318 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
O'Hare
Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
59.1
Stability and Strength
51.8
Value Opportunity
42.2
Momentum
94.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Chicago, IL |
| County | Cook County |
| National rank | #4,318 of 14,967 |
| State rank | #117 of 261 |
| City rank | #76 of 179 |
| County rank | #81 of 190 |
| National percentile | 71.2 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $528,518 |
| Year-over-year home value change | 7.2% |
| Month-over-month home value change | 1.00% |
| Home value to income ratio | 7.53 |
| Median household income | $70,206 |
| Bachelor's degree or higher | 41.7% |
| Civilian unemployment rate | 4.3% |
| Homeownership rate | 47.5% |
| Housing vacancy rate | 4.6% |
| Rent burden 30% or higher | 35.3% |
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 O'Hare
Is O'Hare one of the best neighborhoods in Chicago?
O'Hare has a Best Neighborhoods USA Index of 59.1 and a city ranking of #76 of 179 eligible neighborhoods in Chicago.
How much are homes worth in O'Hare?
The current Zillow Home Value Index for O'Hare is approximately $528,518.
Are home values rising or falling in O'Hare?
Zillow neighborhood values changed 7.2% year over year and 1.00% month over month.
What is the Neighborhood Momentum Score for O'Hare?
O'Hare 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 O'Hare?
The NDS-derived neighborhood median household income is approximately $70,206.
How affordable is O'Hare relative to household income?
The current Zillow home-value-to-household-income ratio is 7.53. Price-to-income affordability is a major Value Opportunity input.
Is O'Hare primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 47.5%.
What is the unemployment rate in O'Hare?
The NDS-derived civilian unemployment rate is approximately 4.3%.
How educated are residents of O'Hare?
Approximately 41.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in O'Hare face high rent burden?
Approximately 35.3% 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 O'Hare?
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 applications302
Estimated originations182
Home-purchase applications169
Origination rate60.3%
Home-purchase share55.8%
Average application loan$253,934
Total application loan amount$76,786,384
National application rank#1,177 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.1% YoY; originations -6.7% 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.