The number of housing units in Bryn Mawr was nearly the same in 1980 and in 2000. The relatively small number of vacant housing units decreased 17 percent from 1980 to 2000. The number of occupied housing units remained relatively unchanged.
Between 1980 and 2000, the share of owner-occupied housing in Bryn Mawr increased by 6 percent while housing occupied by renters decreased 25 percent. In 2000, 87 percent of the housing units were owner-occupied and 13 percent were renter-occupied.
Bryn Mawr's homeowner vacancy rate was lower than Minneapolis' from 1980 to 2000. The citywide homeowner vacancy rate increased slightly from 1980 to 1990 – from 1.3 percent to 1.9 percent – but fell to 0.7 percent in 2000. Similarly, Bryn Mawr's homeowner vacancy rate increased from 1980 to 1990 – from 0.9 percent to 1.3 percent – and fell to 0.4 percent in 2000. Bryn Mawr's renter vacancy rate decreased from 4.9 percent in 1980 to 3.1 percent in 2000. It was slightly higher than the city's in both 1980 and 2000, but in 1990 the neighborhood rental vacancy rate was much lower than the city's.
From 1980 to 2000, Bryn Mawr posted higher median housing values than Minneapolis. Bryn Mawr's decreased 20 percent between 1980 and 1990, paralleling the trend in Minneapolis. Between 1990 and 2000, median housing values increased 28 percent in Bryn Mawr and 21 percent in Minneapolis.
From 1980 to 2000, the percentage of median household income paid for median housing costs remained lower in Bryn Mawr than in Minneapolis. In the neighborhood and in the city, the percentage of median household income paid for median housing costs decreased since a 1990 peak. In 2000, Bryn Mawr homeowners paid 21 percent of median household income while Minneapolis homeowners paid 30 percent.
Between 1980 and 2000, Bryn Mawr had a higher median gross rent than Minneapolis. The neighborhood's and the city's median gross rent grew at similar rates.
Bryn Mawr's percentage of median household income spent on median rent steadily decreased from 14 percent to 12 percent between 1980 and 2000. In contrast, Minneapolis' share of income spent on median rent increased slightly from 17 percent to 18 percent between 1980 and 2000, peaking in 1990 at 20 percent. Bryn Mawr consistently spent a lower percentage of income on rent than Minneapolis did.
Last updated Sep 27, 2011