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Centre Wellington, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
31,093
Population
197/sq mi density
$101,000
Median Income
$56,600 per capita
$715,000
Home Value
$1,300
Median Rent
16.9% income on rent
48°F
Avg Temperature
238 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$101,000 median income, 7.2% unemployment
C+
Affordability
2.7 / 5.0
$715,000 home value, $1,300/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.6% bachelor's degree or higher
Housing Overview
Median Home Value
$715,000
154% above
US avg: $281,900
Median Rent
$1,300/mo
12% above
US avg: $1,163/mo
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
11,970
Ownership vs. Renting
80.6%
Owner-Occupied
19.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.9%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Homeownership Rate
80.6%
Complete Housing Data
Home Values
| Census Median Value | $715,000 |
Rent
| Census Median Rent | $1,300 |
Market
Ownership & Stock
| Owner-Occupied | 80.6% |
| Renter-Occupied | 19.4% |
| Homeownership Rate | 80.6% |
| Total Housing Units | 11,970 |
| Rent Burden | 16.9% |