Colchester, Subd. B, NS
Full City Profile · Nova Scotia
3.1
/5.0
B
Good
19,806
Population
41/sq mi density
$70,000
Median Income
$44,560 per capita
$200,000
Home Value
$890
Median Rent
12.3% income on rent
42°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$70,000 median income, 10.6% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $890/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$890/mo
23% below
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
8,700
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.3%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $890 |
Market
Ownership & Stock
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 8,700 |
| Rent Burden | 12.3% |