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Real Estate Prices & Overview

Willard Hay East median real estate price is $356,001, which is more expensive than 56.5% of the neighborhoods in Minnesota and 51.8% of the neighborhoods in the U.S.

The average rental price in Willard Hay East is currently $1,487, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.1% of Minnesota neighborhoods.

Willard Hay East is an urban neighborhood (based on population density) located in Minneapolis, Minnesota.

Willard Hay East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Willard Hay East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.0% in Willard Hay East. NeighborhoodScout analysis shows that this rate is lower than 48.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Single parenting is hard. But you don't have to tell the Willard Hay East neighborhood about it; they already know. 19.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, willard Hay East is ranked among the top 10.0% of neighborhoods for first-time home buyers to consider in the state of Minnesota according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Willard Hay East neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.7% of U.S. neighborhoods.

Real Estate

Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Willard Hay East neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 59.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.5% of the neighborhoods in the United States.

Diversity

Did you know that the Willard Hay East neighborhood has more Sub-Saharan African and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.4% of this neighborhood's residents have Sub-Saharan African ancestry and 2.3% have Danish ancestry.

Willard Hay East is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Willard Hay East neighborhood in Minneapolis are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.7% of U.S. neighborhoods. With 41.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Willard Hay East neighborhood, 35.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Willard Hay East neighborhood is English, spoken by 72.9% of households. Other important languages spoken here include African languages and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Willard Hay East neighborhood in Minneapolis, MN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.4%). There are also a number of people of German ancestry (8.3%), and residents who report Mexican roots (7.1%), and some of the residents are also of Irish ancestry (6.8%), along with some Norwegian ancestry residents (3.9%), among others. In addition, 20.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Willard Hay East neighborhood spend between 15 and 30 minutes commuting one-way to work (43.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.5%) and 10.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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