The number of housing units in Hawthorne decreased by 608 between 1980 and 2000. The vacant housing rate was 5.8 percent in 1980 and reached its highest level in 1990 at 15 percent. In 2000 it dropped to 8.8 percent.
A large proportion of the housing stock in Hawthorne is rented. In 1980 and 2000, 59 percent of the housing units were renter-occupied. Owner-occupancy remained below 40 percent during this period and accounted for only 33 percent of the units in 2000.
Hawthorne's owner and renter vacancy rates were consistently higher than Minneapolis' between 1980 and 2000. The neighborhood and city followed the same trends for both figures, though, peaking in 1990 then falling significantly in 2000.
Hawthorne's median housing values were significantly below the Minneapolis figure between 1980 and 2000. The gap increased from more than $29,000 in 1980 to almost $50,000 in 2000. The difference was accentuated because median house values declined more in the neighborhood.
Housing costs were a substantially higher percentage of household income in Hawthorne than in Minneapolis. In 2000, median housing costs (including mortgage) were nearly 50 percent of the median household income in the neighborhood; in the city, the proportion was 30 percent. From 1980 to 2000, costs as a proportion of income climbed in the neighborhood by 10 percent. In the city, the proportion only climbed 3 percent.
Minneapolis' median gross rent was slightly higher than Hawthorne's from 1980 to 2000. The neighborhood and Minneapolis followed the same upward trend during this period.
Hawthorne's median gross rent as a percentage of median household income was consistently higher than Minneapolis' between 1980 and 2000. The gap between the neighborhood and city widened during this period from 5 percent in 1980 to 11 percent in 1990 and 13 percent in 2000.
Last updated Sep 27, 2011