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Central Elgin, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
13,746
Population
127/sq mi density
$103,000
Median Income
$55,250 per capita
$600,000
Home Value
$1,060
Median Rent
12.9% income on rent
47°F
Avg Temperature
265 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$103,000 median income, 9.4% unemployment
B
Affordability
3.4 / 5.0
$600,000 home value, $1,060/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.3% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,060/mo
9% below
US avg: $1,163/mo
Homeownership Rate
89.7%
37% above US avg (65.4%)
Total Housing Units
5,460
Ownership vs. Renting
89.7%
Owner-Occupied
10.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.9%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Homeownership Rate
89.7%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,060 |
Market
Ownership & Stock
| Owner-Occupied | 89.7% |
| Renter-Occupied | 10.4% |
| Homeownership Rate | 89.7% |
| Total Housing Units | 5,460 |
| Rent Burden | 12.9% |