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Grand Valley, ON
Full City Profile · Ontario
2.8
/5.0
C+
Fair
3,851
Population
63/sq mi density
$101,000
Median Income
$49,000 per capita
$700,000
Home Value
$1,110
Median Rent
23.0% income on rent
42°F
Avg Temperature
270 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$101,000 median income, 7.8% unemployment
C+
Affordability
2.8 / 5.0
$700,000 home value, $1,110/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Housing Overview
Median Home Value
$700,000
148% above
US avg: $281,900
Median Rent
$1,110/mo
5% below
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
1,395
Ownership vs. Renting
85.7%
Owner-Occupied
14.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
23.0%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $700,000 |
Rent
| Census Median Rent | $1,110 |
Market
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 14.3% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 1,395 |
| Rent Burden | 23.0% |