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Billings, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
753
Population
9/sq mi density
$81,000
Median Income
$50,600 per capita
$400,000
Home Value
$1,140
Median Rent
10.9% income on rent
41°F
Avg Temperature
274 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$81,000 median income, 16.4% unemployment
B+
Affordability
3.9 / 5.0
$400,000 home value, $1,140/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
12.6% bachelor's degree or higher
Housing Overview
Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$1,140/mo
2% below
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
325
Ownership vs. Renting
89.2%
Owner-Occupied
10.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
10.9%
of renters spending 30%+ of income on housing
65% below US avg (31.0%)
Homeownership Rate
89.2%
Complete Housing Data
Home Values
| Census Median Value | $400,000 |
Rent
| Census Median Rent | $1,140 |
Market
Ownership & Stock
| Owner-Occupied | 89.2% |
| Renter-Occupied | 10.8% |
| Homeownership Rate | 89.2% |
| Total Housing Units | 325 |
| Rent Burden | 10.9% |