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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
95%
5%
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-Occupied94.9%
Renter-Occupied5.1%
Homeownership Rate94.9%
Total Housing Units1,870
Rent Burden7.0%