Violent Crimes and Median Rents

At long last, here is the promised value-for-the-money map.  Essentially, everything low ranked (purple/blues) has low median rent relative to the violent crime.  The middle rankings have violent crime rankings well reflected in the median rent, and the reds are high violent crime relative to the median rent.

VIOLENT CRIME/MEDIAN RENT RELATIVE RANK MAP:

value-for-rent

And here’s the corresponding table.  Those who are observant may notice that the “Value for $” figure is nothing more than the median rent rank minus the violent crime rank.  I tried many fancier methods, but this seems like the most crisp and effective way of determining how much daylight there is between the rent and violent crime in a neighborhood.  A discussion of the results follows:

CA # Community Area Violent Crime V.C. Rank Med. Rent M.R. Rank Value for $ Value Rank
34 Armour Square 307.34 27 351 74 47 1
31 Lower West Side 341.84 32 395 69 37 2
52 East Side 278.02 24 434 60 36 3
60 Bridgeport 227.06 19 456 54 35 4
30 South Lawndale 367.11 37 388 72 35 5
58 Brighton Park 323.78 30 433 61 31 6
36 Oakland 434.11 45 252 76 31 7
55 Hegewisch 271.23 23 465 52 29 8
59 McKinley Park 298.58 26 452 55 29 9
13 North Park 146.06 7 567 33 26 10
74 Mount Greenwood 136.13 6 589 25 19 11
50 Pullman 690.62 49 397 68 19 12
51 South Deering 717.84 51 393 70 19 13
64 Clearing 167.13 10 584 28 18 14
14 Albany Park 198.45 14 581 31 17 15
38 Grand Boulevard 959.12 57 357 73 16 16
54 Riverdale 1047.77 62 211 77 15 17
33 Near South Side 635.33 48 422 62 14 18
15 Portage Park 151.74 9 601 21 12 19
16 Irving Park 192.91 12 596 22 10 20
17 Dunning 115.98 5 636 14 9 21
65 West Lawn 284.69 25 561 34 9 22
35 Douglas 523.31 47 452 56 9 23
61 New City 813.91 54 408 63 9 24
9 Edison Park 33.16 1 678 9 8 25
11 Jefferson Park 115.76 4 648 12 8 26
21 Avondale 308.35 28 561 35 7 27
63 Gage Park 405.43 44 473 50 6 28
10 Norwood Park 43.30 2 714 7 5 29
12 Forest Glen 84.05 3 709 8 5 30
56 Garfield Ridge 368.46 38 520 42 4 31
18 Montclare 196.86 13 623 16 3 32
4 Lincoln Square 173.32 11 640 13 2 33
77 Edgewater 212.28 18 604 20 2 34
3 Uptown 362.96 35 541 37 2 35
46 South Chicago 996.96 60 437 59 -1 36
29 North Lawndale 1418.64 69 402 67 -2 37
37 Fuller Park 2985.97 77 342 75 -2 38
76 Ohare 149.23 8 746 5 -3 39
62 West Elsdon 314.58 29 588 26 -3 40
19 Belmont Cragin 336.97 31 585 27 -4 41
22 Logan Square 356.03 33 584 29 -4 42
42 Woodlawn 1455.84 70 403 66 -4 43
68 Englewood 1895.85 75 391 71 -4 44
20 Hermosa 389.14 41 545 36 -5 45
2 West Ridge 207.56 17 657 10 -7 46
72 Beverly 232.55 22 632 15 -7 47
40 Washington Park 1543.14 71 408 64 -7 48
75 Morgan Park 500.69 46 541 38 -8 49
41 Hyde Park 227.63 20 656 11 -9 50
5 North Center 204.22 16 719 6 -10 51
47 Burnside 857.91 55 490 45 -10 52
53 West Pullman 1108.94 63 459 53 -10 53
57 Archer Heights 362.27 34 594 23 -11 54
27 East Garfield Park 1985.83 76 404 65 -11 55
7 Lincoln Park 203.79 15 888 3 -12 56
73 Washington Heights 804.45 53 527 39 -14 57
23 Humboldt Park 1047.58 61 486 47 -14 58
71 Auburn Gresham 1132.07 65 470 51 -14 59
69 Greater Grand Crossing 1652.39 72 446 57 -15 60
26 West Garfield Park 1821.92 73 440 58 -15 61
25 Austin 989.84 59 511 43 -16 62
6 Lake View 228.69 21 834 4 -17 63
39 Kenwood 363.77 36 606 19 -17 64
66 Chicago Lawn 965.42 58 524 41 -17 65
1 Rogers Park 400.45 42 594 24 -18 66
48 Calumet Heights 696.41 50 568 32 -18 67
44 Chatham 1168.00 67 486 48 -19 68
45 Avalon Park 1145.95 66 487 46 -20 69
70 Ashburn 376.22 39 620 17 -22 70
24 West Town 379.92 40 613 18 -22 71
28 Near West Side 780.67 52 583 30 -22 72
43 South Shore 1123.33 64 525 40 -24 73
49 Roseland 1277.06 68 492 44 -24 74
67 West Englewood 1826.86 74 485 49 -25 75
8 Near North Side 404.78 43 904 2 -41 76
32 Loop 888.71 56 1107 1 -55 77

 

Obviously, there are factors that we would expect to make rents skew low.  One would be distance from the Loop.  Thus, the high value areas on the far Northwest and Southeast sides of the city make sense and are expected.  The commute into the Loop in these areas is longer than the commute from many inner western suburbs.    What is remarkable is the huge sea of purple on the Southwest side.   Even the South Loop, a stone’s throw away from downtown Chicago, is a remarkably good deal.  So, what are these neighborhoods, and what do they look like?

CA # Community Area Value Rank % Afr-Amr % Asian % Latino % White Household Med. Inc.
34 Armour Square 1 14% 66% 4% 15% $25,582
31 Lower West Side 2 2% 0% 91% 7% $27,407
60 Bridgeport 4 1% 27% 35% 37% $37,616
30 South Lawndale 5 14% 0% 83% 3% $31,443
58 Brighton Park 6 1% 3% 81% 15% $36,704
36 Oakland 7 98% 0% 1% 1% $14,021
59 McKinley Park 9 1% 8% 66% 25% $38,012
38 Grand Boulevard 16 98% 0% 1% 1% $18,421
33 Near South Side 18 64% 6% 5% 25% $48,331
35 Douglas 23 87% 6% 1% 7% $28,101

Quite a diverse lot. 

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