Housing

In 1980, Harrison had 1,410 housing units and 69

Historically, most of Harrison's housing has been for renters. In 2000, Harrison's occupied housing had 422 owner-occupied housing units and 797 renter-occupied housing units, with a proportion of about 35 percent ownership to 65 percent rental.

Harrison's homeowner vacancy rate increased from 0.6 percent in 1980 to 2.5 percent in 2000. Citywide, the homeowner vacancy rate increased slightly from 1980 to 1990, and then decreased to 0.7 percent in 2000. Harrison's renter vacancy rates decreased from 1980 to 2000, even though they peaked in 1990. But in 2000, the 3.5 percent renter vacancy rate in Harrison was still higher than the city rate of 2.8 percent.

The median value of owner-occupied housing in the neighborhood declined about $14,000 from 1980 to 2000. In 2000, the median housing value was much lower in Harrison than citywide – $64,000 compared to $113,500.

The percentage of income spent on maintaining a house, including the mortgage, is higher in this neighborhood than in the city. In 2000, Harrison homeowners paid 37 percent of median household income while Minneapolis homeowners paid 30 percent. In the neighborhood and in the city, the median housing cost as a percentage of median household income has increased since 1980.

Harrison offered lower median gross rent than the citywide median in 2000. The neighborhood median gross rents increased between 1980 and 2000, as did median gross rent in Minneapolis in the same time period.

In 2000, Harrison renters paid 26 percent of their income for rent. In the city, renters paid 18 percent. The percentage of median income spent on median rent increased between 1980 and 2000 in the Harrison neighborhood, although in 2000 it declined a little from 1990.

Last updated Sep 27, 2011

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