Neighborhood Profile

Scottsdale

Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
59.2
National rank: #4,286 of 14,967
Stability and Strength
47.5
Score
Value Opportunity
56.7
Score
Momentum
81.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChicago, IL
CountyCook County
National rank#4,286 of 14,967
State rank#115 of 261
City rank#74 of 179
County rank#79 of 190
National percentile71.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$304,896
Year-over-year home value change3.4%
Month-over-month home value change0.86%
Home value to income ratio3.48
Median household income$87,621
Bachelor's degree or higher18.8%
Civilian unemployment rate10.3%
Homeownership rate90.1%
Housing vacancy rate2.6%
Rent burden 30% or higher53.5%

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 Scottsdale

What is the Best Neighborhoods USA ranking for Scottsdale?

Scottsdale is ranked #74 of 179 eligible neighborhoods in Chicago; #115 of 261 eligible neighborhoods in IL; and #4,286 of 14,967 eligible neighborhoods in the United States.

Is Scottsdale one of the best neighborhoods in Chicago?

Scottsdale has a Best Neighborhoods USA Index of 59.2 and a city ranking of #74 of 179 eligible neighborhoods in Chicago.

How much are homes worth in Scottsdale?

The current Zillow Home Value Index for Scottsdale is approximately $304,896.

Are home values rising or falling in Scottsdale?

Zillow neighborhood values changed 3.4% year over year and 0.86% month over month.

What is the Neighborhood Momentum Score for Scottsdale?

Scottsdale has a Neighborhood Momentum Score of 81.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Scottsdale?

The NDS-derived neighborhood median household income is approximately $87,621.

How affordable is Scottsdale relative to household income?

The current Zillow home-value-to-household-income ratio is 3.48. Price-to-income affordability is a major Value Opportunity input.

Is Scottsdale primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 90.1%.

What is the unemployment rate in Scottsdale?

The NDS-derived civilian unemployment rate is approximately 10.3%.

How educated are residents of Scottsdale?

Approximately 18.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Scottsdale face high rent burden?

Approximately 53.5% 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 Scottsdale?

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

FULL_OR_NEAR_FULL

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 applications342
Estimated originations171
Home-purchase applications138
Origination rate50.0%
Home-purchase share40.3%
Average application loan$176,172
Total application loan amount$60,261,345
National application rank#973 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.0% YoY; originations -4.9% 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.