Minden Hills, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
6,971
Population
21/sq mi density
$74,500
Median Income
$49,120 per capita
$500,000
Home Value
$840
Median Rent
14.6% income on rent
41°F
Avg Temperature
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$74,500 median income, 11.3% unemployment
C+
Affordability
2.9 / 5.0
$500,000 home value, $840/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
10.6% bachelor's degree or higher
Housing Overview
Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$840/mo
28% below
US avg: $1,163/mo
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
3,230
Ownership vs. Renting
88.5%
Owner-Occupied
11.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
14.6%
of renters spending 30%+ of income on housing
53% below US avg (31.0%)
Homeownership Rate
88.5%
Complete Housing Data
Home Values
| Census Median Value | $500,000 |
Rent
| Census Median Rent | $840 |
Market
Ownership & Stock
| Owner-Occupied | 88.5% |
| Renter-Occupied | 11.5% |
| Homeownership Rate | 88.5% |
| Total Housing Units | 3,230 |
| Rent Burden | 14.6% |