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Charlottetown, PE
Full City Profile · Prince Edward Island
2.9
/5.0
C+
Fair
38,809
Population
2,270/sq mi density
$66,000
Median Income
$42,840 per capita
$348,000
Home Value
$980
Median Rent
23.7% income on rent
46°F
Avg Temperature
213 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$66,000 median income, 9.7% unemployment
B+
Affordability
3.7 / 5.0
$348,000 home value, $980/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.7 / 5.0
20.6% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$980/mo
16% below
US avg: $1,163/mo
Homeownership Rate
45.8%
30% below US avg (65.4%)
Total Housing Units
17,185
Ownership vs. Renting
45.8%
Owner-Occupied
54.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
23.7%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Homeownership Rate
45.8%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $980 |
Market
Ownership & Stock
| Owner-Occupied | 45.8% |
| Renter-Occupied | 54.2% |
| Homeownership Rate | 45.8% |
| Total Housing Units | 17,185 |
| Rent Burden | 23.7% |