What is the Best Neighborhoods USA ranking for River North?
River North is ranked #19 of 179 eligible neighborhoods in Chicago; #33 of 261 eligible neighborhoods in IL; and #785 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
River North
Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
73.6
Stability and Strength
76.8
Value Opportunity
62.1
Momentum
84.6
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 | #785 of 14,967 |
| State rank | #33 of 261 |
| City rank | #19 of 179 |
| County rank | #23 of 190 |
| National percentile | 94.8 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,234,702 |
| Year-over-year home value change | 5.2% |
| Month-over-month home value change | 0.39% |
| Home value to income ratio | 7.88 |
| Median household income | $156,679 |
| Bachelor's degree or higher | 92.0% |
| Civilian unemployment rate | 2.4% |
| Homeownership rate | 39.6% |
| Housing vacancy rate | 4.1% |
| Rent burden 30% or higher | 37.1% |
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 River North
Is River North one of the best neighborhoods in Chicago?
River North has a Best Neighborhoods USA Index of 73.6 and a city ranking of #19 of 179 eligible neighborhoods in Chicago.
How much are homes worth in River North?
The current Zillow Home Value Index for River North is approximately $1,234,702.
Are home values rising or falling in River North?
Zillow neighborhood values changed 5.2% year over year and 0.39% month over month.
What is the Neighborhood Momentum Score for River North?
River North has a Neighborhood Momentum Score of 84.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in River North?
The NDS-derived neighborhood median household income is approximately $156,679.
How affordable is River North relative to household income?
The current Zillow home-value-to-household-income ratio is 7.88. Price-to-income affordability is a major Value Opportunity input.
Is River North primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 39.6%.
What is the unemployment rate in River North?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of River North?
Approximately 92.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in River North face high rent burden?
Approximately 37.1% 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 River North?
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 applications431
Estimated originations275
Home-purchase applications317
Origination rate63.7%
Home-purchase share73.4%
Average application loan$523,325
Total application loan amount$225,655,974
National application rank#690 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 5.4% YoY; originations 4.8% 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.