Coverdale, NB
Full City Profile · New Brunswick
3.3
/5.0
B
Good
4,766
Population
52/sq mi density
$88,000
Median Income
$46,200 per capita
$236,000
Home Value
$670
Median Rent
7.0% income on rent
42°F
Avg Temperature
251 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$88,000 median income, 7.6% unemployment
A+
Affordability
5.0 / 5.0
$236,000 home value, $670/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher
Housing Overview
Median Home Value
$236,000
16% below
US avg: $281,900
Median Rent
$670/mo
42% below
US avg: $1,163/mo
Homeownership Rate
94.9%
45% above US avg (65.4%)
Total Housing Units
1,870
Ownership vs. Renting
94.9%
Owner-Occupied
5.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.0%
of renters spending 30%+ of income on housing
78% below US avg (31.0%)
Homeownership Rate
94.9%
Complete Housing Data
Home Values
| Census Median Value | $236,000 |
Rent
| Census Median Rent | $670 |
Market
Ownership & Stock
| Owner-Occupied | 94.9% |
| Renter-Occupied | 5.1% |
| Homeownership Rate | 94.9% |
| Total Housing Units | 1,870 |
| Rent Burden | 7.0% |
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