In 2000 there were only 20 more housing units in Stevens Square-Loring Heights than there were in 1980, and about 96 percent were occupied compared to 95 percent in 1980. In 1990 there were many more units in the neighborhood, but only 90 percent were occupied.
The great majority of the housing units are rentals in Stevens Square-Loring Heights. Rental units comprised about 91 percent of housing units in 1980 and near 89 percent in 2000, while between those dates in 1990 this percentage shrunk to about 85 percent. In 2000 only 190 units were owner-occupied.
The homeowner vacancy rate in the neighborhood sunk to a low 1.6 percent in 2000 from about 16 percent in 1980, but remained high in comparison with the citywide homeowner vacancy rate.
The renter vacancy rate followed the citywide trend line, and although it was slightly lower in the neighborhood in 2000 and 1980, it was slightly above the city's vacancy rate in 1990.
Although the neighborhood has few owner-occupied units, their median value is far above the median housing value citywide.
The median housing costs (including mortgage) in the neighborhood climbed from 1980 to 1990 and declined in 2000 but still fell to a level far above the city's.
Median gross rent in the neighborhood is below city rents, but has closely followed citywide trend lines since 1980.
Renters in Stevens Square-Loring Heights earning median income paid about a quarter of their household income in rent in 2000. This was about 7 percentage points more than comparable figures for the city, but lower than in 1980 when the gap between the city and neighborhood stood at 9 percentage points.
Last updated Sep 27, 2011