Memramcook, NB
Full City Profile · New Brunswick
3.3
/5.0
B
Good
5,029
Population
70/sq mi density
$81,000
Median Income
$45,200 per capita
$180,000
Home Value
$710
Median Rent
8.9% income on rent
45°F
Avg Temperature
217 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$81,000 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$180,000 home value, $710/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
$180,000
36% below
US avg: $281,900
Median Rent
$710/mo
39% below
US avg: $1,163/mo
Homeownership Rate
87.5%
34% above US avg (65.4%)
Total Housing Units
2,085
Ownership vs. Renting
87.5%
Owner-Occupied
12.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.9%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Homeownership Rate
87.5%
Complete Housing Data
Home Values
| Census Median Value | $180,000 |
Rent
| Census Median Rent | $710 |
Market
Ownership & Stock
| Owner-Occupied | 87.5% |
| Renter-Occupied | 12.2% |
| Homeownership Rate | 87.5% |
| Total Housing Units | 2,085 |
| Rent Burden | 8.9% |
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