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Grimsby, ON
Full City Profile · Ontario
2.8
/5.0
C+
Fair
28,883
Population
1,089/sq mi density
$104,000
Median Income
$59,200 per capita
$780,000
Home Value
$1,620
Median Rent
19.3% income on rent
50°F
Avg Temperature
270 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$104,000 median income, 10.3% unemployment
C
Affordability
2.4 / 5.0
$780,000 home value, $1,620/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher
Housing Overview
Median Home Value
$780,000
177% above
US avg: $281,900
Median Rent
$1,620/mo
39% above
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
11,395
Ownership vs. Renting
82.7%
Owner-Occupied
17.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.3%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Homeownership Rate
82.7%
Complete Housing Data
Home Values
| Census Median Value | $780,000 |
Rent
| Census Median Rent | $1,620 |
Market
Ownership & Stock
| Owner-Occupied | 82.7% |
| Renter-Occupied | 17.4% |
| Homeownership Rate | 82.7% |
| Total Housing Units | 11,395 |
| Rent Burden | 19.3% |