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Elton, MB
Full City Profile · Manitoba
3.4
/5.0
B
Good
1,276
Population
6/sq mi density
$102,000
Median Income
$54,000 per capita
$300,000
Home Value
$785
Median Rent
6.2% income on rent
36°F
Avg Temperature
303 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$102,000 median income, 6.2% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $785/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.6% bachelor's degree or higher
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$785/mo
33% below
US avg: $1,163/mo
Homeownership Rate
93.6%
43% above US avg (65.4%)
Total Housing Units
465
Ownership vs. Renting
93.6%
Owner-Occupied
6.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.2%
of renters spending 30%+ of income on housing
80% below US avg (31.0%)
Homeownership Rate
93.6%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $785 |
Market
Ownership & Stock
| Owner-Occupied | 93.6% |
| Renter-Occupied | 6.5% |
| Homeownership Rate | 93.6% |
| Total Housing Units | 465 |
| Rent Burden | 6.2% |