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Lorne, MB
Full City Profile · Manitoba
3.2
/5.0
B
Good
2,904
Population
8/sq mi density
$69,000
Median Income
$48,000 per capita
$150,000
Home Value
$512
Median Rent
8.2% income on rent
38°F
Avg Temperature
261 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$69,000 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $512/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$512/mo
56% below
US avg: $1,163/mo
Homeownership Rate
83.7%
28% above US avg (65.4%)
Total Housing Units
1,105
Ownership vs. Renting
83.7%
Owner-Occupied
15.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.2%
of renters spending 30%+ of income on housing
74% below US avg (31.0%)
Homeownership Rate
83.7%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $512 |
Market
Ownership & Stock
| Owner-Occupied | 83.7% |
| Renter-Occupied | 15.8% |
| Homeownership Rate | 83.7% |
| Total Housing Units | 1,105 |
| Rent Burden | 8.2% |