What is the Best Neighborhoods USA ranking for Douglas Park?
Douglas Park is ranked #97 of 179 eligible neighborhoods in Chicago; #150 of 261 eligible neighborhoods in IL; and #6,427 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Douglas Park
Chicago, IL | Cook County
Scored premium profile
Best Neighborhoods USA Index
53.2
Stability and Strength
31.2
Value Opportunity
48.8
Momentum
94.7
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 | #6,427 of 14,967 |
| State rank | #150 of 261 |
| City rank | #97 of 179 |
| County rank | #103 of 190 |
| National percentile | 57.1 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $307,586 |
| Year-over-year home value change | 15.7% |
| Month-over-month home value change | 0.48% |
| Home value to income ratio | 3.73 |
| Median household income | $82,517 |
| Bachelor's degree or higher | 26.7% |
| Civilian unemployment rate | 15.2% |
| Homeownership rate | 23.9% |
| Housing vacancy rate | 13.0% |
| Rent burden 30% or higher | 44.4% |
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 Douglas Park
Is Douglas Park one of the best neighborhoods in Chicago?
Douglas Park has a Best Neighborhoods USA Index of 53.2 and a city ranking of #97 of 179 eligible neighborhoods in Chicago.
How much are homes worth in Douglas Park?
The current Zillow Home Value Index for Douglas Park is approximately $307,586.
Are home values rising or falling in Douglas Park?
Zillow neighborhood values changed 15.7% year over year and 0.48% month over month.
What is the Neighborhood Momentum Score for Douglas Park?
Douglas Park has a Neighborhood Momentum Score of 94.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Douglas Park?
The NDS-derived neighborhood median household income is approximately $82,517.
How affordable is Douglas Park relative to household income?
The current Zillow home-value-to-household-income ratio is 3.73. Price-to-income affordability is a major Value Opportunity input.
Is Douglas Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 23.9%.
What is the unemployment rate in Douglas Park?
The NDS-derived civilian unemployment rate is approximately 15.2%.
How educated are residents of Douglas Park?
Approximately 26.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Douglas Park face high rent burden?
Approximately 44.4% 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 Douglas 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 applications58
Estimated originations31
Home-purchase applications21
Origination rate54.3%
Home-purchase share36.1%
Average application loan$420,530
Total application loan amount$24,401,824
National application rank#6,641 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 30.4% YoY; originations 68.1% 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.