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Drummond, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
729
Population
213/sq mi density
$60,800
Median Income
$38,000 per capita
$155,000
Home Value
$695
Median Rent
7.8% income on rent
38°F
Avg Temperature
261 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$60,800 median income, 7.7% unemployment
A+
Affordability
5.0 / 5.0
$155,000 home value, $695/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher
Housing Overview
Median Home Value
$155,000
45% below
US avg: $281,900
Median Rent
$695/mo
40% below
US avg: $1,163/mo
Homeownership Rate
73.9%
13% above US avg (65.4%)
Total Housing Units
325
Ownership vs. Renting
73.9%
Owner-Occupied
26.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.8%
of renters spending 30%+ of income on housing
75% below US avg (31.0%)
Homeownership Rate
73.9%
Complete Housing Data
Home Values
| Census Median Value | $155,000 |
Rent
| Census Median Rent | $695 |
Market
Ownership & Stock
| Owner-Occupied | 73.9% |
| Renter-Occupied | 26.2% |
| Homeownership Rate | 73.9% |
| Total Housing Units | 325 |
| Rent Burden | 7.8% |