Popular real estate near Minneapolis, MN (Hennepin Ave / Lyndale Ave S)
Hennepin Ave / Lyndale Ave S median real estate prices are $154,239, which is more expensive than 36.1% of the neighborhoods in Minnesota and 48.4% of the neighborhoods in the U.S.
Average rental prices in Hennepin Ave / Lyndale Ave S are currently $764, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 41.3% of Minnesota neighborhoods.
Hennepin Ave / Lyndale Ave S is an urban neighborhood (based on population density) located in Minneapolis, Minnesota.
Hennepin Ave / Lyndale Ave S real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Hennepin Ave / Lyndale Ave S 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 1940 and 1969.
Real estate vacancies in Hennepin Ave / Lyndale Ave S are 6.1%, which is lower than one will find in 68.7% of American neighborhoods. Demand for real estate in Hennepin Ave / Lyndale Ave S is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.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.Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 10.0% of residents in the Hennepin Ave / Lyndale Ave S neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, more people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.Notable & Unique: Diversity
Did you know that the Hennepin Ave / Lyndale Ave S neighborhood has more Austrian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Austrian ancestry and 5.5% have Swedish ancestry.
Hennepin Ave / Lyndale Ave S is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.Notable & Unique: People
One of the most interesting things about the Hennepin Ave / Lyndale Ave S neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 56.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.0% of the neighborhoods in America.
In addition, the Hennepin Ave / Lyndale Ave S neighborhood stands out within Minnesota for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8% of college-friendly places to live in MN. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Hennepin Ave / Lyndale Ave S neighborhood is one of the most walkable neighborhoods in America.
In addition, the Hennepin Ave / Lyndale Ave S neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, 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 Hennepin Ave / Lyndale Ave S neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.8% of the neighborhoods in the United States.Notable & Unique: Migration/Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Hennepin Ave / Lyndale Ave S neighborhood. In the Hennepin Ave / Lyndale Ave S neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.The Neighbors The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Hennepin Ave / Lyndale Ave S 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 62.6% of U.S. neighborhoods. With 22.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.0% of U.S. neighborhoods.The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle. In the Hennepin Ave / Lyndale Ave S neighborhood, 48.2% 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 31.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.7%), and 7.5% in manufacturing and laborer occupations.The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior - comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures. In the Hennepin Ave / Lyndale Ave S neighborhood in Minneapolis, MN, residents most commonly identify their ethnicity or ancestry as German (23.2%). There are also a number of people of Irish ancestry (7.8%) , and residents who report Norwegian roots (7.7%) , and some of the residents are also of Swedish ancestry (5.5%) , along with some Italian ancestry residents (4.2%), among others.The Neighbors: Languages
The most common language spoken in the Hennepin Ave / Lyndale Ave S neighborhood is English, spoken by 91.1% of households. Some people also speak Spanish (4.2%).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 Hennepin Ave / Lyndale Ave S neighborhood spend between 15 and 30 minutes commuting one-way to work (49.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (53.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.6%) and 10.0% of residents also bicycle 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.
|MEDIAN HOUSE VALUE||$154,239|
HOUSE VALUE RANGE
|RENTAL PRICE||Medium cost relative to MN, medium cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Complexes/high rise apartments, some Small apartment buildings and a few Single-family homes|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Historic homes (Built 1939 or earlier), some Well established older homes (Built 1940 - 1969) and some Established but not old (Built 1970 – 1999)|
|SPECIAL CHARACTER||Mostly Hip & Trendy and Walkable|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single) and some College students (people currently attending college)|
|EDUCATION LEVEL||Rating: 10 (5 is average for the U.S., 10 is most educated)|
|INCOME||Lower middle income (somewhat below average income for America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support and some Manufacturing & Laborers|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some Irish ancestry, some Black, some Italian ancestry, some Hispanic, some East Asian, some Mexican and some Asian Indian|
|LANGUAGES||Mostly English speaking and some Spanish speaking|
|SCHOOLS IN THIS NEIGHBORHOOD *||GRADES|
1200 WEST 26TH ST, MINNEAPOLIS, MN 55405
* Depending on where you live in this neighborhood, your children may attend these schools or other schools outside the neighborhood. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.
This neighborhood is served by one 1 district.
34,934 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||31.8||73.8|
|ASIAN OR PACIFIC ISLANDER (%)||7.9||6.0|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||4.7||1.9|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||65.6||36.5|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||59.2|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||22.4|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO MN*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
Hennepin Ave / Lyndale Ave S neighborhood appreciation rates are for subscribers only. Minneapolis, MN appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in Hennepin Ave / Lyndale Ave S SUBSCRIBE FOR DETAIL
in Minneapolis 1 in 104
in Minnesota 1 in 452
National Median 29.1
My chances of becoming a victim
in Hennepin Ave / Lyndale Ave S SUBSCRIBE FOR DETAIL
in Minneapolis 1 in 20
in Minnesota 1 in 39
Hennepin Ave / Lyndale Ave S neighborhood Crime data are subscription only. Minneapolis, MN crime rates (city-wide averages) are open to all visitors.
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