Armstrong, ON
Full City Profile · Ontario
3.1
/5.0
B
Good
1,199
Population
34/sq mi density
$72,000
Median Income
$44,800 per capita
$200,000
Home Value
$700
Median Rent
10.5% income on rent
32°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$72,000 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $700/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.2% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
71.0%
9% above US avg (65.4%)
Total Housing Units
500
Ownership vs. Renting
71.0%
Owner-Occupied
29.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
10.5%
of renters spending 30%+ of income on housing
66% below US avg (31.0%)
Homeownership Rate
71.0%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $700 |
Market
Ownership & Stock
| Owner-Occupied | 71.0% |
| Renter-Occupied | 29.0% |
| Homeownership Rate | 71.0% |
| Total Housing Units | 500 |
| Rent Burden | 10.5% |