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Cornwallis, MB
Full City Profile · Manitoba
3.5
/5.0
B+
Good
4,568
Population
24/sq mi density
$99,000
Median Income
$53,900 per capita
$348,000
Home Value
$800
Median Rent
5.5% income on rent
43°F
Avg Temperature
239 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$99,000 median income, 2.1% unemployment
A+
Affordability
4.7 / 5.0
$348,000 home value, $800/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$800/mo
31% below
US avg: $1,163/mo
Homeownership Rate
62.8%
4% below US avg (65.4%)
Total Housing Units
1,705
Ownership vs. Renting
62.8%
Owner-Occupied
37.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.5%
of renters spending 30%+ of income on housing
82% below US avg (31.0%)
Homeownership Rate
62.8%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $800 |
Market
Ownership & Stock
| Owner-Occupied | 62.8% |
| Renter-Occupied | 37.2% |
| Homeownership Rate | 62.8% |
| Total Housing Units | 1,705 |
| Rent Burden | 5.5% |