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Colborne, NB
Full City Profile · New Brunswick
2.7
/5.0
C+
Fair
266
Population
1/sq mi density
$48,400
Median Income
$40,536 per capita
$90,000
Home Value
$666
Median Rent
29.6% income on rent
36°F
Avg Temperature
255 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$48,400 median income, 30.0% unemployment
A+
Affordability
5.0 / 5.0
$90,000 home value, $666/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$90,000
68% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
92.6%
42% above US avg (65.4%)
Total Housing Units
135
Ownership vs. Renting
92.6%
Owner-Occupied
7.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Homeownership Rate
92.6%
Complete Housing Data
Home Values
| Census Median Value | $90,000 |
Rent
| Census Median Rent | $666 |
Market
Ownership & Stock
| Owner-Occupied | 92.6% |
| Renter-Occupied | 7.4% |
| Homeownership Rate | 92.6% |
| Total Housing Units | 135 |
| Rent Burden | 29.6% |