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Milton, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
132,979
Population
947/sq mi density
$126,000
Median Income
$58,600 per capita
$950,000
Home Value
$2,200
Median Rent
25.3% income on rent
48°F
Avg Temperature
248 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$126,000 median income, 11.4% unemployment
C
Affordability
2.4 / 5.0
$950,000 home value, $2,200/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
26.7% bachelor's degree or higher
Housing Overview
Median Home Value
$950,000
237% above
US avg: $281,900
Median Rent
$2,200/mo
89% above
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
40,040
Ownership vs. Renting
82.6%
Owner-Occupied
17.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Homeownership Rate
82.6%
Complete Housing Data
Home Values
| Census Median Value | $950,000 |
Rent
| Census Median Rent | $2,200 |
Market
Ownership & Stock
| Owner-Occupied | 82.6% |
| Renter-Occupied | 17.4% |
| Homeownership Rate | 82.6% |
| Total Housing Units | 40,040 |
| Rent Burden | 25.3% |