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Colchester, Subd. C, NS
Full City Profile · Nova Scotia
3.0
/5.0
B
Good
12,476
Population
22/sq mi density
$74,000
Median Income
$42,920 per capita
$200,000
Home Value
$870
Median Rent
11.2% income on rent
42°F
Avg Temperature
251 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$74,000 median income, 11.4% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $870/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
81.2%
24% above US avg (65.4%)
Total Housing Units
5,320
Ownership vs. Renting
81.2%
Owner-Occupied
18.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
11.2%
of renters spending 30%+ of income on housing
64% below US avg (31.0%)
Homeownership Rate
81.2%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $870 |
Market
Ownership & Stock
| Owner-Occupied | 81.2% |
| Renter-Occupied | 18.7% |
| Homeownership Rate | 81.2% |
| Total Housing Units | 5,320 |
| Rent Burden | 11.2% |