Bancroft, ON
Full City Profile · Ontario
2.4
/5.0
C
Fair
4,065
Population
46/sq mi density
$57,200
Median Income
$38,040 per capita
$348,000
Home Value
$860
Median Rent
21.7% income on rent
40°F
Avg Temperature
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$57,200 median income, 11.8% unemployment
B
Affordability
3.2 / 5.0
$348,000 home value, $860/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
1,800
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $860 |
Market
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 1,800 |
| Rent Burden | 21.7% |