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Chatham, NB

Full City Profile · New Brunswick

3.2 /5.0
B Good
527 Population 60/sq mi density
$78,500 Median Income $48,400 per capita
$174,000 Home Value
$666 Median Rent 7.0% income on rent
40°F Avg Temperature 257 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$78,500 median income, 7.3% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $666/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher

Housing Overview

Median Home Value
$174,000
38% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
95.5%
46% above US avg (65.4%)
Total Housing Units
220

Ownership vs. Renting

95.5%
Owner-Occupied
4.6%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
7.0%
of renters spending 30%+ of income on housing
77% below US avg (31.0%)
Homeownership Rate
95.5%

Complete Housing Data

Home Values

Census Median Value$174,000

Rent

Census Median Rent$666

Market

Ownership & Stock

Owner-Occupied95.5%
Renter-Occupied4.6%
Homeownership Rate95.5%
Total Housing Units220
Rent Burden7.0%