Cavan Monaghan, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
10,016
Population
85/sq mi density
$110,000
Median Income
$59,850 per capita
$700,000
Home Value
$1,190
Median Rent
13.8% income on rent
43°F
Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$110,000 median income, 9.2% unemployment
B
Affordability
3.1 / 5.0
$700,000 home value, $1,190/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.5% bachelor's degree or higher
Housing Overview
Median Home Value
$700,000
148% above
US avg: $281,900
Median Rent
$1,190/mo
2% above
US avg: $1,163/mo
Homeownership Rate
91.4%
40% above US avg (65.4%)
Total Housing Units
3,550
Ownership vs. Renting
91.4%
Owner-Occupied
8.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.8%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
91.4%
Complete Housing Data
Home Values
| Census Median Value | $700,000 |
Rent
| Census Median Rent | $1,190 |
Market
Ownership & Stock
| Owner-Occupied | 91.4% |
| Renter-Occupied | 8.7% |
| Homeownership Rate | 91.4% |
| Total Housing Units | 3,550 |
| Rent Burden | 13.8% |