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Hillsborough, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
1,348
Population
273/sq mi density
$66,000
Median Income
$35,500 per capita
$160,000
Home Value
$750
Median Rent
13.5% income on rent
42°F
Avg Temperature
250 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$66,000 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$160,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Housing Overview
Median Home Value
$160,000
43% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
78.6%
20% above US avg (65.4%)
Total Housing Units
560
Ownership vs. Renting
78.6%
Owner-Occupied
20.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.5%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Homeownership Rate
78.6%
Complete Housing Data
Home Values
| Census Median Value | $160,000 |
Rent
| Census Median Rent | $750 |
Market
Ownership & Stock
| Owner-Occupied | 78.6% |
| Renter-Occupied | 20.5% |
| Homeownership Rate | 78.6% |
| Total Housing Units | 560 |
| Rent Burden | 13.5% |