Fredericton, NB
Full City Profile · New Brunswick
3.3
/5.0
B
Good
63,116
Population
1,221/sq mi density
$73,000
Median Income
$47,920 per capita
$250,000
Home Value
$1,030
Median Rent
19.7% income on rent
45°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$73,000 median income, 8.6% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $1,030/mo rent
C+
Safety
2.5 / 5.0
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$1,030/mo
11% below
US avg: $1,163/mo
Homeownership Rate
56.6%
13% below US avg (65.4%)
Total Housing Units
28,475
Ownership vs. Renting
56.6%
Owner-Occupied
43.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Homeownership Rate
56.6%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $1,030 |
Market
Ownership & Stock
| Owner-Occupied | 56.6% |
| Renter-Occupied | 43.4% |
| Homeownership Rate | 56.6% |
| Total Housing Units | 28,475 |
| Rent Burden | 19.7% |