Amherst, NS
Full City Profile · Nova Scotia
2.8
/5.0
C+
Fair
9,404
Population
2,019/sq mi density
$55,600
Median Income
$37,360 per capita
$139,000
Home Value
$770
Median Rent
20.1% income on rent
45°F
Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$55,600 median income, 11.9% unemployment
A+
Affordability
5.0 / 5.0
$139,000 home value, $770/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.4% bachelor's degree or higher
Housing Overview
Median Home Value
$139,000
51% below
US avg: $281,900
Median Rent
$770/mo
34% below
US avg: $1,163/mo
Homeownership Rate
57.3%
12% below US avg (65.4%)
Total Housing Units
4,480
Ownership vs. Renting
57.3%
Owner-Occupied
42.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
20.1%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Homeownership Rate
57.3%
Complete Housing Data
Home Values
| Census Median Value | $139,000 |
Rent
| Census Median Rent | $770 |
Market
Ownership & Stock
| Owner-Occupied | 57.3% |
| Renter-Occupied | 42.8% |
| Homeownership Rate | 57.3% |
| Total Housing Units | 4,480 |
| Rent Burden | 20.1% |