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Grand Bay-Westfield, NB
Full City Profile · New Brunswick
3.9
/5.0
B+
Good
4,967
Population
23/sq mi density
$98,000
Median Income
$55,000 per capita
$220,000
Home Value
$830
Median Rent
26.4% income on rent
46°F
Avg Temperature
231 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$98,000 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$220,000 home value, $830/mo rent
C+
Safety
2.5 / 5.0
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Housing Overview
Median Home Value
$220,000
22% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
66.5%
2% above US avg (65.4%)
Total Housing Units
1,987
Ownership vs. Renting
66.5%
Owner-Occupied
33.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Homeownership Rate
66.5%
Complete Housing Data
Home Values
| Census Median Value | $220,000 |
Rent
| Census Median Rent | $830 |
Market
Ownership & Stock
| Owner-Occupied | 66.5% |
| Renter-Occupied | 33.5% |
| Homeownership Rate | 66.5% |
| Total Housing Units | 1,987 |
| Rent Burden | 26.4% |