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Kensington, PE
Full City Profile · Prince Edward Island
3.2
/5.0
B
Good
1,812
Population
1,480/sq mi density
$86,000
Median Income
$44,320 per capita
$276,000
Home Value
$800
Median Rent
8.6% income on rent
42°F
Avg Temperature
260 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$86,000 median income, 11.9% unemployment
A+
Affordability
4.9 / 5.0
$276,000 home value, $800/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$276,000
2% below
US avg: $281,900
Median Rent
$800/mo
31% below
US avg: $1,163/mo
Homeownership Rate
85.1%
30% above US avg (65.4%)
Total Housing Units
1,240
Ownership vs. Renting
85.1%
Owner-Occupied
14.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.6%
of renters spending 30%+ of income on housing
72% below US avg (31.0%)
Homeownership Rate
85.1%
Complete Housing Data
Home Values
| Census Median Value | $276,000 |
Rent
| Census Median Rent | $800 |
Market
Ownership & Stock
| Owner-Occupied | 85.1% |
| Renter-Occupied | 14.5% |
| Homeownership Rate | 85.1% |
| Total Housing Units | 1,240 |
| Rent Burden | 8.6% |