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Melfort, SK
Full City Profile · Saskatchewan
3.2
/5.0
B
Good
5,955
Population
1,047/sq mi density
$71,500
Median Income
$46,960 per capita
$240,000
Home Value
$860
Median Rent
16.0% income on rent
39°F
Avg Temperature
272 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
$71,500 median income, 6.3% unemployment
A+
Affordability
4.8 / 5.0
$240,000 home value, $860/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Housing Overview
Median Home Value
$240,000
15% below
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
2,575
Ownership vs. Renting
66.2%
Owner-Occupied
33.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.0%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Homeownership Rate
66.2%
Complete Housing Data
Home Values
| Census Median Value | $240,000 |
Rent
| Census Median Rent | $860 |
Market
Ownership & Stock
| Owner-Occupied | 66.2% |
| Renter-Occupied | 33.8% |
| Homeownership Rate | 66.2% |
| Total Housing Units | 2,575 |
| Rent Burden | 16.0% |