Minneapolis, MN (Hennepin Ave / W Lake St)




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Hennepin Ave / W Lake St

NEIGHBORHOOD REPORT
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640 Vital Statistics. 31 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 6 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 3 Alerts

Found
Crimes alerts

Crimes


67

Statistics

alerts 6 Alerts

Found
Schools alerts

Schools


65

Statistics

alerts 8 Alerts

Found

328

Statistics

alerts 8 Alerts

Found


About Minneapolis, MN (Hennepin Ave / W Lake St)


Real Estate Prices and Overview

Hennepin Ave / W Lake St median real estate price is $594,252, which is more expensive than 96.0% of the neighborhoods in Minnesota and 89.2% of the neighborhoods in the U.S.

The average rental price in Hennepin Ave / W Lake St is currently $1,389, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.2% of the neighborhoods in Minnesota.

Hennepin Ave / W Lake St is a densely urban neighborhood (based on population density) located in Minneapolis, Minnesota.

Hennepin Ave / W Lake St 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 / W Lake St 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.

In Hennepin Ave / W Lake St, the current vacancy rate is 3.1%, which is a lower rate of vacancies than 87.1% of all neighborhoods in the U.S. This means that the housing supply in Hennepin Ave / W Lake St is very tight compared to the demand for property here.

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: People

In a nation where 1 out of every 4 children lives in poverty, the Hennepin Ave / W Lake St neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the Hennepin Ave / W Lake St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.2% 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 98.0% of the neighborhoods in America.

Also, the rate of college educated adults in the Hennepin Ave / W Lake St neighborhood is a unique characteristic of the neighborhood. 69.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 22.6% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.3% of all U.S. neighborhoods.

Notable & Unique: Diversity

Did you know that the Hennepin Ave / W Lake St neighborhood has more Swedish and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Swedish ancestry and 2.3% have Finnish ancestry.

Notable & Unique: Occupations

Executives, managers and professionals make up 64.9% of the workforce in the Hennepin Ave / W Lake St neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Hennepin Ave / W Lake St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 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 / W Lake St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 61.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.9% of the neighborhoods in the United States.


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 / W Lake St neighborhood in Minneapolis are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.1% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The Neighbors: Occupations

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Hennepin Ave / W Lake St neighborhood, 64.9% 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 17.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 3.8% 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 / W Lake St neighborhood in Minneapolis, MN, residents most commonly identify their ethnicity or ancestry as German (37.0%). There are also a number of people of Irish ancestry (15.2%), and residents who report Norwegian roots (13.7%), and some of the residents are also of Swedish ancestry (9.1%), along with some English ancestry residents (6.5%), among others.

The Neighbors: Languages

The most common language spoken in the Hennepin Ave / W Lake St neighborhood is English, spoken by 92.6% of households. Some people also speak Spanish (2.4%).

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 / W Lake St neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Neighborhood Real Estate Data

44 Vital Statistics. 6 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
years and months

Average Market Rent

 

Average Market Rent:
/ per month

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Minneapolis, MN (Hennepin Ave / W Lake St) HOMES

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TYPE OF Minneapolis, MN (Hennepin Ave / W Lake St) HOMES

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SIZE OF Minneapolis, MN (Hennepin Ave / W Lake St) HOMES

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SIZE OF Minneapolis, MN (Hennepin Ave / W Lake St) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 3 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Hennepin Ave / W Lake St

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 6 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Hennepin Ave / W Lake St 0.101011101001110
Minneapolis 0.101011101001110
Minnesota 2.43
My Chances of Becoming a Victim of a Violent Crime

1 in

in Hennepin Ave / W Lake St

1 in

in Minneapolis

1 in 412

in Minnesota
Minneapolis VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Hennepin Ave / W Lake St 0.101011101001110
Minneapolis 0.101011101001110
Minnesota 22.22
My Chances of Becoming a Victim of a Property Crime

1 in

in Hennepin Ave / W Lake St

1 in

in Minneapolis

1 in 45

in Minnesota
Minneapolis Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Hennepin Ave / W Lake St 0.101011101001110
Minneapolis 0.101011101001110
Minnesota 21

Neighborhood Public School Data

65 Vital Statistics. 8 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

MINNEAPOLIS PUBLIC SCHOOL DIST.


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Minnesota

(10 is best)

Better than of MN school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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