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Machar, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
969
Population
14/sq mi density
$70,000
Median Income
$46,400 per capita
$400,000
Home Value
$1,012
Median Rent
6.5% income on rent
39°F
Avg Temperature
267 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$70,000 median income, 7.4% unemployment
B
Affordability
3.4 / 5.0
$400,000 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Housing Overview
Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
93.7%
43% above US avg (65.4%)
Total Housing Units
475
Ownership vs. Renting
93.7%
Owner-Occupied
6.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.5%
of renters spending 30%+ of income on housing
79% below US avg (31.0%)
Homeownership Rate
93.7%
Complete Housing Data
Home Values
| Census Median Value | $400,000 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 93.7% |
| Renter-Occupied | 6.3% |
| Homeownership Rate | 93.7% |
| Total Housing Units | 475 |
| Rent Burden | 6.5% |