look up any word, like muddin:
 
1.
Everythings cool. Nuthins wrong.
Me and that bitchass shaniqua were fightin, then i bout her sum cheapass chocolates and now its all good in the hood
by Looeez May 10, 2003
 
2.
Meaning everything is perfect and going well in your life or current situation. Could be a question or a statement!!
Situation: You are in school and your friend asks you how your

day is going and your reply would be: "Oh it's all good in the hood"
or

Lets say you are on vacation, and you left your friends to watch your home and you want to check on things you could say " Hey are things all good in the hood?"
by Noelle74 April 01, 2010
 
3.
means everything is perfect and going well in your life or current situation.
I feel it's really time for me to enroll in the university because my dad hit the jackpot and it's all good in the hood.
by slang lover September 15, 2013