What is the Best Neighborhoods USA ranking for Illinois Medical District?
Illinois Medical District is ranked #142 of 179 eligible neighborhoods in Chicago; #211 of 261 eligible neighborhoods in IL; and #10,807 of 14,967 eligible neighborhoods in the United States.
Is Illinois Medical District one of the best neighborhoods in Chicago?
Illinois Medical District has a Best Neighborhoods USA Index of 40.7 and a city ranking of #142 of 179 eligible neighborhoods in Chicago.
How much are homes worth in Illinois Medical District?
The current Zillow Home Value Index for Illinois Medical District is approximately $709,816.
Are home values rising or falling in Illinois Medical District?
Zillow neighborhood values changed 8.7% year over year and 0.15% month over month.
What is the Neighborhood Momentum Score for Illinois Medical District?
Illinois Medical District has a Neighborhood Momentum Score of 85.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Illinois Medical District?
The NDS-derived neighborhood median household income is approximately $34,552.
How affordable is Illinois Medical District relative to household income?
The current Zillow home-value-to-household-income ratio is 20.54. Price-to-income affordability is a major Value Opportunity input.
Is Illinois Medical District primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 17.4%.
What is the unemployment rate in Illinois Medical District?
The NDS-derived civilian unemployment rate is approximately 10.0%.
How educated are residents of Illinois Medical District?
Approximately 50.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Illinois Medical District face high rent burden?
Approximately 41.2% 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 Illinois Medical District?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.