What is the Best Neighborhoods USA ranking for Back of the Yards?
Back of the Yards is ranked #143 of 179 eligible neighborhoods in Chicago; #213 of 261 eligible neighborhoods in IL; and #11,003 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Back of the Yards
Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
40.0
Stability and Strength
16.5
Value Opportunity
33.4
Momentum
87.0
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 | #11,003 of 14,967 |
| State rank | #213 of 261 |
| City rank | #143 of 179 |
| County rank | #153 of 190 |
| National percentile | 26.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $186,795 |
| Year-over-year home value change | 5.8% |
| Month-over-month home value change | 0.42% |
| Home value to income ratio | 4.32 |
| Median household income | $43,264 |
| Bachelor's degree or higher | 11.8% |
| Civilian unemployment rate | 13.5% |
| Homeownership rate | 35.2% |
| Housing vacancy rate | 13.6% |
| Rent burden 30% or higher | 53.6% |
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 Back of the Yards
Is Back of the Yards one of the best neighborhoods in Chicago?
Back of the Yards has a Best Neighborhoods USA Index of 40.0 and a city ranking of #143 of 179 eligible neighborhoods in Chicago.
How much are homes worth in Back of the Yards?
The current Zillow Home Value Index for Back of the Yards is approximately $186,795.
Are home values rising or falling in Back of the Yards?
Zillow neighborhood values changed 5.8% year over year and 0.42% month over month.
What is the Neighborhood Momentum Score for Back of the Yards?
Back of the Yards has a Neighborhood Momentum Score of 87.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Back of the Yards?
The NDS-derived neighborhood median household income is approximately $43,264.
How affordable is Back of the Yards relative to household income?
The current Zillow home-value-to-household-income ratio is 4.32. Price-to-income affordability is a major Value Opportunity input.
Is Back of the Yards primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 35.2%.
What is the unemployment rate in Back of the Yards?
The NDS-derived civilian unemployment rate is approximately 13.5%.
How educated are residents of Back of the Yards?
Approximately 11.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Back of the Yards face high rent burden?
Approximately 53.6% 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 Back of the Yards?
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 applications456
Estimated originations202
Home-purchase applications239
Origination rate44.3%
Home-purchase share52.4%
Average application loan$206,239
Total application loan amount$94,003,460
National application rank#641 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.4% YoY; originations -12.1% 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.