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Cromwell, New Zealand

Full City Profile

2.4 /5.0
C Fair
5,160 Population 2/sq mi density
696 ft Elevation 212 meters
48°F Avg Temperature 9°C
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$28,620 median income, 1.5% unemployment
D
Affordability
1.6 / 5.0
$257,400 home value, $1,287/mo rent

Housing Overview

Median Home Value
$257,400
9% below
US avg: $281,900
Median Rent
$1,287/mo
11% above
US avg: $1,163/mo
Homeownership Rate
66.7%
2% above US avg (65.4%)
Total Housing Units
2,064

Ownership vs. Renting

66.7%
Owner-Occupied
33.3%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$257,400

Rent

Census Median Rent$1,287

Market

Ownership & Stock

Owner-Occupied66.7%
Renter-Occupied33.3%
Homeownership Rate66.7%
Total Housing Units2,064