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Merrickville-Wolford, ON
Full City Profile · Ontario
3.1
/5.0
B
Good
3,135
Population
38/sq mi density
$89,000
Median Income
$50,440 per capita
$448,000
Home Value
$960
Median Rent
17.1% income on rent
43°F
Avg Temperature
271 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$89,000 median income, 7.5% unemployment
B+
Affordability
3.8 / 5.0
$448,000 home value, $960/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.0% bachelor's degree or higher
Housing Overview
Median Home Value
$448,000
59% above
US avg: $281,900
Median Rent
$960/mo
17% below
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
1,290
Ownership vs. Renting
85.7%
Owner-Occupied
14.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
17.1%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $448,000 |
Rent
| Census Median Rent | $960 |
Market
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 14.3% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 1,290 |
| Rent Burden | 17.1% |