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Grand Falls, NB
Full City Profile · New Brunswick
2.9
/5.0
C+
Fair
1,077
Population
18/sq mi density
$58,800
Median Income
$40,520 per capita
$174,000
Home Value
$680
Median Rent
15.7% income on rent
38°F
Avg Temperature
261 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$58,800 median income, 9.8% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $680/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher
Housing Overview
Median Home Value
$174,000
38% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
2,495
Ownership vs. Renting
62.5%
Owner-Occupied
37.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.7%
of renters spending 30%+ of income on housing
49% below US avg (31.0%)
Homeownership Rate
62.5%
Complete Housing Data
Home Values
| Census Median Value | $174,000 |
Rent
| Census Median Rent | $680 |
Market
Ownership & Stock
| Owner-Occupied | 62.5% |
| Renter-Occupied | 37.5% |
| Homeownership Rate | 62.5% |
| Total Housing Units | 2,495 |
| Rent Burden | 15.7% |