Belfast, PE

Full City Profile · Prince Edward Island

3.0 /5.0
B Good
1,687 Population 19/sq mi density
$70,500 Median Income $39,600 per capita
$232,000 Home Value
$476 Median Rent 10.2% income on rent
42°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$70,500 median income, 10.6% unemployment
A+
Affordability
4.8 / 5.0
$232,000 home value, $476/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Housing Overview

Median Home Value
$232,000
18% below
US avg: $281,900
Median Rent
$476/mo
59% below
US avg: $1,163/mo
Homeownership Rate
91.1%
39% above US avg (65.4%)
Total Housing Units
675

Ownership vs. Renting

91.1%
Owner-Occupied
8.2%
Renter-Occupied
91%
8%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
10.2%
of renters spending 30%+ of income on housing
67% below US avg (31.0%)
Homeownership Rate
91.1%

Complete Housing Data

Home Values

Census Median Value$232,000

Rent

Census Median Rent$476

Market

Ownership & Stock

Owner-Occupied91.1%
Renter-Occupied8.2%
Homeownership Rate91.1%
Total Housing Units675
Rent Burden10.2%