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Hamilton, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
11,059
Population
112/sq mi density
$86,000
Median Income
$49,360 per capita
$700,000
Home Value
$1,120
Median Rent
23.2% income on rent
50°F
Avg Temperature
244 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$86,000 median income, 12.3% unemployment
C
Affordability
2.1 / 5.0
$700,000 home value, $1,120/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher
Housing Overview
Median Home Value
$700,000
148% above
US avg: $281,900
Median Rent
$1,120/mo
4% below
US avg: $1,163/mo
Homeownership Rate
65.7%
0% below US avg (65.4%)
Total Housing Units
222,810
Ownership vs. Renting
65.7%
Owner-Occupied
34.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
23.2%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Homeownership Rate
65.7%
Complete Housing Data
Home Values
| Census Median Value | $700,000 |
Rent
| Census Median Rent | $1,120 |
Market
Ownership & Stock
| Owner-Occupied | 65.7% |
| Renter-Occupied | 34.3% |
| Homeownership Rate | 65.7% |
| Total Housing Units | 222,810 |
| Rent Burden | 23.2% |