Housing

Audubon Park's vacant housing units rose to 4 percent of all housing units in 1990, but then fell down to 3 percent in 2000. Housing units declined by 170 in Audubon Park between1980 and 2000.

In 1980, 71 percent of Audubon Park's housing units were owner-occupied; this figure declined to 70 percent in 1990, but then increased to its highest level of 76 percent in 2000.

The homeowner vacancy rate in Audubon Park was lower than the citywide figure in 1980 and 1990, but it increased to a level slightly higher in 2000. The neighborhood's renter vacancy rate was consistently lower than the citywide rate between 1980 and 2000. Both Audubon and Minneapolis experienced their highest rates of rental vacancies in 1990.

The median housing value for Audubon Park was consistently lower than the citywide figure between 1980 and 2000. Audubon Park's median housing value declined by 0.8 percent during this time period (measured in 2000 dollars), compared to a net 1.4 percent decline for Minneapolis.

Audubon Park's median housing costs as a percentage of household income were consistently lower than the citywide figure between 1980 and 2000. The neighborhood and Minneapolis both hit their highest levels in 1990.

Median gross rent was consistently higher in Audubon Park than it was citywide between 1980 and 2000. The neighborhood and Minneapolis both had increases in median gross rent in 1990 and 2000. Audubon Park experienced a 13-percent increase in rent from 1980 to 1990 and a 16-percent increase from 1990 to 2000.

Audubon Park's gross rent as a percentage of household income was slightly lower than the citywide percentage in 1980 and 1990. The neighborhood and Minneapolis had identical figures in 2000.

Last updated Sep 27, 2011