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Grand Rapids, MB
Full City Profile · Manitoba
2.5
/5.0
C+
Fair
947
Population
130/sq mi density
$60,000
Median Income
$26,800 per capita
$229,122
Home Value
$785
Median Rent
33.0% income on rent
33°F
Avg Temperature
301 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$60,000 median income, 20.5% unemployment
A+
Affordability
4.5 / 5.0
$229,122 home value, $785/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.1 / 5.0
1.8% bachelor's degree or higher
Housing Overview
Median Home Value
$229,122
19% below
US avg: $281,900
Median Rent
$785/mo
33% below
US avg: $1,163/mo
Homeownership Rate
6.3%
90% below US avg (65.4%)
Total Housing Units
240
Ownership vs. Renting
6.3%
Owner-Occupied
4.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
33.0%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Homeownership Rate
6.3%
Complete Housing Data
Home Values
| Census Median Value | $229,122 |
Rent
| Census Median Rent | $785 |
Market
Ownership & Stock
| Owner-Occupied | 6.3% |
| Renter-Occupied | 4.2% |
| Homeownership Rate | 6.3% |
| Total Housing Units | 240 |
| Rent Burden | 33.0% |