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Lac-Mégantic, QC

Full City Profile · Quebec

2.9 /5.0
C+ Fair
5,747 Population 677/sq mi density
$50,800 Median Income $38,280 per capita
$180,000 Home Value
$604 Median Rent 18.4% income on rent
43°F Avg Temperature 221 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$50,800 median income, 7.5% unemployment
A+
Affordability
4.7 / 5.0
$180,000 home value, $604/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher

Housing Overview

Median Home Value
$180,000
36% below
US avg: $281,900
Median Rent
$604/mo
48% below
US avg: $1,163/mo
Homeownership Rate
54.0%
17% below US avg (65.4%)
Total Housing Units
2,935

Ownership vs. Renting

54.0%
Owner-Occupied
46.0%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Homeownership Rate
54.0%

Complete Housing Data

Home Values

Census Median Value$180,000

Rent

Census Median Rent$604

Market

Ownership & Stock

Owner-Occupied54.0%
Renter-Occupied46.0%
Homeownership Rate54.0%
Total Housing Units2,935
Rent Burden18.4%