What is the Best Neighborhoods USA ranking for Hollywood Park?
Hollywood Park is ranked #93 of 179 eligible neighborhoods in Chicago; #144 of 261 eligible neighborhoods in IL; and #5,988 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Hollywood Park
Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
54.4
Stability and Strength
44.0
Value Opportunity
35.9
Momentum
96.8
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 | #5,988 of 14,967 |
| State rank | #144 of 261 |
| City rank | #93 of 179 |
| County rank | #98 of 190 |
| National percentile | 60.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $533,339 |
| Year-over-year home value change | 8.8% |
| Month-over-month home value change | 1.11% |
| Home value to income ratio | 8.46 |
| Median household income | $63,079 |
| Bachelor's degree or higher | 42.2% |
| Civilian unemployment rate | 5.0% |
| Homeownership rate | 38.2% |
| Housing vacancy rate | 7.4% |
| Rent burden 30% or higher | 42.0% |
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 Hollywood Park
Is Hollywood Park one of the best neighborhoods in Chicago?
Hollywood Park has a Best Neighborhoods USA Index of 54.4 and a city ranking of #93 of 179 eligible neighborhoods in Chicago.
How much are homes worth in Hollywood Park?
The current Zillow Home Value Index for Hollywood Park is approximately $533,339.
Are home values rising or falling in Hollywood Park?
Zillow neighborhood values changed 8.8% year over year and 1.11% month over month.
What is the Neighborhood Momentum Score for Hollywood Park?
Hollywood Park has a Neighborhood Momentum Score of 96.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Hollywood Park?
The NDS-derived neighborhood median household income is approximately $63,079.
How affordable is Hollywood Park relative to household income?
The current Zillow home-value-to-household-income ratio is 8.46. Price-to-income affordability is a major Value Opportunity input.
Is Hollywood Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 38.2%.
What is the unemployment rate in Hollywood Park?
The NDS-derived civilian unemployment rate is approximately 5.0%.
How educated are residents of Hollywood Park?
Approximately 42.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Hollywood Park face high rent burden?
Approximately 42.0% 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 Hollywood Park?
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 applications127
Estimated originations66
Home-purchase applications63
Origination rate52.2%
Home-purchase share49.5%
Average application loan$272,489
Total application loan amount$34,496,788
National application rank#3,481 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 31.6% YoY; originations 43.4% 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.