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King City, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
27,333
Population
213/sq mi density
$141,000
Median Income
$80,400 per capita
$1,600,000
Home Value
$1,550
Median Rent
26.6% income on rent
47°F
Avg Temperature
249 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$141,000 median income, 11.0% unemployment
F
Affordability
1.0 / 5.0
$1,600,000 home value, $1,550/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher
Housing Overview
Median Home Value
$1,600,000
468% above
US avg: $281,900
Median Rent
$1,550/mo
33% above
US avg: $1,163/mo
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
8,970
Ownership vs. Renting
88.2%
Owner-Occupied
11.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Homeownership Rate
88.2%
Complete Housing Data
Home Values
| Census Median Value | $1,600,000 |
Rent
| Census Median Rent | $1,550 |
Market
Ownership & Stock
| Owner-Occupied | 88.2% |
| Renter-Occupied | 11.8% |
| Homeownership Rate | 88.2% |
| Total Housing Units | 8,970 |
| Rent Burden | 26.6% |