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Cornwall, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
47,845
Population
2,015/sq mi density
$60,000
Median Income
$38,520 per capita
$280,000
Home Value
$880
Median Rent
22.1% income on rent
47°F
Avg Temperature
265 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$60,000 median income, 12.4% unemployment
A
Affordability
4.0 / 5.0
$280,000 home value, $880/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher
Housing Overview
Median Home Value
$280,000
1% below
US avg: $281,900
Median Rent
$880/mo
24% below
US avg: $1,163/mo
Homeownership Rate
53.7%
18% below US avg (65.4%)
Total Housing Units
21,385
Ownership vs. Renting
53.7%
Owner-Occupied
46.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Homeownership Rate
53.7%
Complete Housing Data
Home Values
| Census Median Value | $280,000 |
Rent
| Census Median Rent | $880 |
Market
Ownership & Stock
| Owner-Occupied | 53.7% |
| Renter-Occupied | 46.3% |
| Homeownership Rate | 53.7% |
| Total Housing Units | 21,385 |
| Rent Burden | 22.1% |