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Bonfield, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
2,146
Population
27/sq mi density
$77,000
Median Income
$44,800 per capita
$340,000
Home Value
$775
Median Rent
13.7% income on rent
39°F
Avg Temperature
272 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$77,000 median income, 7.9% unemployment
A
Affordability
4.2 / 5.0
$340,000 home value, $775/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.6% bachelor's degree or higher
Housing Overview
Median Home Value
$340,000
21% above
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
88.8%
36% above US avg (65.4%)
Total Housing Units
890
Ownership vs. Renting
88.8%
Owner-Occupied
10.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.7%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Homeownership Rate
88.8%
Complete Housing Data
Home Values
| Census Median Value | $340,000 |
Rent
| Census Median Rent | $775 |
Market
Ownership & Stock
| Owner-Occupied | 88.8% |
| Renter-Occupied | 10.7% |
| Homeownership Rate | 88.8% |
| Total Housing Units | 890 |
| Rent Burden | 13.7% |