Denmark, NB
Full City Profile · New Brunswick
2.7
/5.0
C+
Fair
1,424
Population
5/sq mi density
$57,600
Median Income
$33,200 per capita
$110,000
Home Value
$500
Median Rent
7.3% income on rent
37°F
Avg Temperature
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$57,600 median income, 10.3% unemployment
A+
Affordability
5.0 / 5.0
$110,000 home value, $500/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.7% bachelor's degree or higher
Housing Overview
Median Home Value
$110,000
61% below
US avg: $281,900
Median Rent
$500/mo
57% below
US avg: $1,163/mo
Homeownership Rate
88.7%
36% above US avg (65.4%)
Total Housing Units
620
Ownership vs. Renting
88.7%
Owner-Occupied
11.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.3%
of renters spending 30%+ of income on housing
76% below US avg (31.0%)
Homeownership Rate
88.7%
Complete Housing Data
Home Values
| Census Median Value | $110,000 |
Rent
| Census Median Rent | $500 |
Market
Ownership & Stock
| Owner-Occupied | 88.7% |
| Renter-Occupied | 11.3% |
| Homeownership Rate | 88.7% |
| Total Housing Units | 620 |
| Rent Burden | 7.3% |