What is the Best Neighborhoods USA ranking for North Valley?
North Valley is ranked No published Peoria rank is currently available; #200 of 261 eligible neighborhoods in IL; and #9,838 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
North Valley
Peoria, IL | Peoria County
Scored premium profile
Best Neighborhoods USA Index
43.7
Stability and Strength
13.4
Value Opportunity
43.3
Momentum
92.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Peoria, IL |
| County | Peoria County |
| National rank | #9,838 of 14,967 |
| State rank | #200 of 261 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 34.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $47,373 |
| Year-over-year home value change | 6.1% |
| Month-over-month home value change | 1.05% |
| Home value to income ratio | 1.82 |
| Median household income | $26,006 |
| Bachelor's degree or higher | 11.6% |
| Civilian unemployment rate | 15.7% |
| Homeownership rate | 35.8% |
| Housing vacancy rate | 20.8% |
| Rent burden 30% or higher | 48.2% |
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 North Valley
Is North Valley one of the best neighborhoods in Peoria?
North Valley has a Best Neighborhoods USA Index of 43.7 and a city ranking of No published Peoria rank is currently available.
How much are homes worth in North Valley?
The current Zillow Home Value Index for North Valley is approximately $47,373.
Are home values rising or falling in North Valley?
Zillow neighborhood values changed 6.1% year over year and 1.05% month over month.
What is the Neighborhood Momentum Score for North Valley?
North Valley has a Neighborhood Momentum Score of 92.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in North Valley?
The NDS-derived neighborhood median household income is approximately $26,006.
How affordable is North Valley relative to household income?
The current Zillow home-value-to-household-income ratio is 1.82. Price-to-income affordability is a major Value Opportunity input.
Is North Valley primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 35.8%.
What is the unemployment rate in North Valley?
The NDS-derived civilian unemployment rate is approximately 15.7%.
How educated are residents of North Valley?
Approximately 11.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in North Valley face high rent burden?
Approximately 48.2% 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 North Valley?
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 applications71
Estimated originations31
Home-purchase applications39
Origination rate43.8%
Home-purchase share54.9%
Average application loan$76,291
Total application loan amount$5,444,086
National application rank#5,732 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.3% YoY; originations 9.1% 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.