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Markham, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
338,503
Population
4,156/sq mi density
$104,000
Median Income
$50,880 per capita
$1,100,000
Home Value
$1,940
Median Rent
32.8% income on rent
48°F
Avg Temperature
248 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$104,000 median income, 13.8% unemployment
F
Affordability
1.0 / 5.0
$1,100,000 home value, $1,940/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher
Housing Overview
Median Home Value
$1,100,000
290% above
US avg: $281,900
Median Rent
$1,940/mo
67% above
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
110,870
Ownership vs. Renting
81.7%
Owner-Occupied
18.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Homeownership Rate
81.7%
Complete Housing Data
Home Values
| Census Median Value | $1,100,000 |
Rent
| Census Median Rent | $1,940 |
Market
Ownership & Stock
| Owner-Occupied | 81.7% |
| Renter-Occupied | 18.3% |
| Homeownership Rate | 81.7% |
| Total Housing Units | 110,870 |
| Rent Burden | 32.8% |