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King, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
27,333
Population
860/sq mi density
$141,000
Median Income
$80,400 per capita
$1,600,000
Home Value
$1,550
Median Rent
26.2% income on rent
47°F
Avg Temperature
276 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$141,000 median income, 5.1% unemployment
F
Affordability
1.0 / 5.0
$1,600,000 home value, $1,550/mo rent
C+
Safety
2.5 / 5.0
B+
Education
3.6 / 5.0
32.9% 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
66.5%
2% above US avg (65.4%)
Total Housing Units
9,346
Ownership vs. Renting
66.5%
Owner-Occupied
33.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Homeownership Rate
66.5%
Complete Housing Data
Home Values
| Census Median Value | $1,600,000 |
Rent
| Census Median Rent | $1,550 |
Market
Ownership & Stock
| Owner-Occupied | 66.5% |
| Renter-Occupied | 33.5% |
| Homeownership Rate | 66.5% |
| Total Housing Units | 9,346 |
| Rent Burden | 26.2% |