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Melbourne, QC
Full City Profile · Quebec
3.3
/5.0
B
Good
1,096
Population
16/sq mi density
$76,500
Median Income
$49,400 per capita
$250,000
Home Value
$647
Median Rent
3.9% income on rent
41°F
Avg Temperature
254 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$76,500 median income, 4.7% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $647/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$647/mo
44% below
US avg: $1,163/mo
Homeownership Rate
92.9%
42% above US avg (65.4%)
Total Housing Units
425
Ownership vs. Renting
92.9%
Owner-Occupied
5.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
3.9%
of renters spending 30%+ of income on housing
87% below US avg (31.0%)
Homeownership Rate
92.9%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $647 |
Market
Ownership & Stock
| Owner-Occupied | 92.9% |
| Renter-Occupied | 5.9% |
| Homeownership Rate | 92.9% |
| Total Housing Units | 425 |
| Rent Burden | 3.9% |