Housing

East Calhoun's percentage of vacant housing units in 1980 was 2 percent. This increased to 4 percent in 1990 and declined to its lowest level of 1 percent in the 2000 census report.

East Calhoun's percentage of housing units occupied by owners (not renters) was 36 percent in 1980 and 1990. This increased to 38 percent in 2000.

The homeowner vacancy rate was lower in East Calhoun than citywide between 1980 and 2000. The renter vacancy rate was also lower in East Calhoun than citywide. The neighborhood and Minneapolis both reported their highest levels of renter vacancy in 1990 and both experienced significant drops in 2000.

Median house values were higher in East Calhoun than citywide between 1980 and 2000. Home prices in the neighborhood increased 73 percent between 1980 and 2000, compared to a 1 percent decrease in Minneapolis. East Calhoun's median housing value was $33,100 higher than Minneapolis' in 1980, $70,900 higher in 1990 and $143,000 higher in 2000.

East Calhoun homeowners earning neighborhood median income spent 24 percent of their income on median housing costs (including the mortgage) in 1980 and 38 percent in 2000. This 14 percent increase was significantly higher than the 3 percent increase citywide.

Median gross rent was consistently higher in East Calhoun than citywide. The difference between the neighborhood and Minneapolis decreased from almost $150 higher in 1980 to slightly more than $100 in 2000. East Calhoun's median gross rent increased 8 percent between 1980 and 2000 compared to a 20 percent increase citywide.

The percentage of income spent in both East Calhoun and Minneapolis for median gross rent peaked in 1990. The neighborhood's percentage declined 4 percent between 1990 and 2000 and dropped below the citywide figure.

Last updated Sep. 27, 2011