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Malpeque Bay, PE
Full City Profile · Prince Edward Island
3.2
/5.0
B
Good
1,191
Population
31/sq mi density
$82,000
Median Income
$44,900 per capita
$250,000
Home Value
$628
Median Rent
6.9% income on rent
42°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
3.2 / 5.0
$82,000 median income, 12.1% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $628/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$628/mo
46% below
US avg: $1,163/mo
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
520
Ownership vs. Renting
90.4%
Owner-Occupied
10.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.9%
of renters spending 30%+ of income on housing
78% below US avg (31.0%)
Homeownership Rate
90.4%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $628 |
Market
Ownership & Stock
| Owner-Occupied | 90.4% |
| Renter-Occupied | 10.6% |
| Homeownership Rate | 90.4% |
| Total Housing Units | 520 |
| Rent Burden | 6.9% |