Between 1980 and 2000 the number of housing units in Wenonah increased by five units to 1,928. The vacancy rate was at its highest level in 1990 at 5 percent, and it dropped to 1 percent in 2000.
For all three census years Wenonah's owner occupancy rate remained between 68 percent and 69 percent.
The homeowner vacancy rate was lower in Wenonah than Minneapolis from 1980 to 2000. However, the trends were the same for the neighborhood and city during this period, each peaking in 1990. The rental vacancy rates for the neighborhood and the city were significantly higher than homeowner vacancy rates in 1980 and 1990. In 2000 Wenonah and Minneapolis rental vacancy rates decreased significantly. The neighborhood's rental vacancy rate was 1.1 percent compared to 2.8 percent in Minneapolis.
Wenonah and Minneapolis followed the same trend in median housing values between 1980 and 2000, each dipping to its lowest level in 1990. In 1980, Wenonah had a median housing value that was slightly higher than Minneapolis', but the neighborhood value dropped slightly below the city's in 1990 and remained lower in 2000.
Wenonah's percentage of median household income spent on median housing costs was consistently below the Minneapolis percentage. The percentage of income spent on housing reached its highest level in 1990 in the neighborhood and in the city.
Wenonah and Minneapolis had different trends in the cost of rent between 1980 and 2000. Wenonah's median rent peaked in 1990 while Minneapolis' continually increased. Wenonah's median gross rent was higher than Minneapolis' in 1980 and 1990, but in 2000 it dropped below the Minneapolis figure.
From 1980 to 2000, the percentage of median household income spent on median gross rent was lower in Wenonah than Minneapolis. The trends for Wenonah and Minneapolis were similar, with 1990 having the highest percentages for both. In 2000, median rent cost 15 percent of median household income in the neighborhood compared to 18 percent citywide.
Last updated Sep 27, 2011