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Real Estate Prices & Overview

Lowry Hill median real estate price is $596,028, which is more expensive than 67.6% of the neighborhoods in Minnesota and 63.3% of the neighborhoods in the U.S.

The average rental price in Lowry Hill is currently $1,864, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.0% of Minnesota neighborhoods.

Lowry Hill is an urban neighborhood (based on population density) located in Minneapolis, Minnesota.

Lowry Hill real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lowry Hill 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.

Real estate vacancies in Lowry Hill are 3.3%, which is lower than one will find in 78.2% of American neighborhoods. Demand for real estate in Lowry Hill 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Lowry Hill 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 Lowry Hill neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 60.4% 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 98.9% of the neighborhoods in America.

Also, the rate of college educated adults in the Lowry Hill neighborhood is a unique characteristic of the neighborhood. 79.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.5% of all U.S. neighborhoods.

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 4.6% of residents in the Lowry Hill neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Occupations

Executives, managers and professionals make up 74.6% of the workforce in the Lowry Hill neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.2% of the residential real estate in the Lowry Hill neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Lowry Hill neighborhood has more Swedish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.7% of this neighborhood's residents have Swedish ancestry and 1.9% have Eastern European ancestry.

Lowry Hill is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.

The Neighbors

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 Lowry Hill 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 61.8% 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.

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 Lowry Hill neighborhood, 74.6% 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 14.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.2%), and 3.5% 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 Lowry Hill neighborhood is English, spoken by 88.8% of households. Other important languages spoken here include Spanish and Polish.

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 Lowry Hill neighborhood in Minneapolis, MN, residents most commonly identify their ethnicity or ancestry as German (30.5%). There are also a number of people of English ancestry (10.4%), and residents who report Swedish roots (9.7%), and some of the residents are also of Irish ancestry (9.2%), along with some Norwegian ancestry residents (7.1%), among others. In addition, 10.8% 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 Lowry Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (55.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (7.4%) . 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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