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Balmoral, New Zealand

Full City Profile

2.2 /5.0
C Fair
10,390 Population 520/sq mi density
161 ft Elevation 49 meters
60°F Avg Temperature 15°C
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$29,640 median income, 4.4% unemployment
F
Affordability
1.5 / 5.0
$272,400 home value, $1,362/mo rent

Housing Overview

Median Home Value
$272,400
3% below
US avg: $281,900
Median Rent
$1,362/mo
17% above
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
4,156

Ownership vs. Renting

55.5%
Owner-Occupied
44.5%
Renter-Occupied
56%
45%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$272,400

Rent

Census Median Rent$1,362

Market

Ownership & Stock

Owner-Occupied55.5%
Renter-Occupied44.5%
Homeownership Rate55.5%
Total Housing Units4,156