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Morden, MB
Full City Profile · Manitoba
3.0
/5.0
B
Good
9,929
Population
1,579/sq mi density
$71,500
Median Income
$42,720 per capita
$280,000
Home Value
$950
Median Rent
16.3% income on rent
42°F
Avg Temperature
271 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$71,500 median income, 7.8% unemployment
A
Affordability
4.5 / 5.0
$280,000 home value, $950/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.4% bachelor's degree or higher
Housing Overview
Median Home Value
$280,000
1% below
US avg: $281,900
Median Rent
$950/mo
18% below
US avg: $1,163/mo
Homeownership Rate
74.1%
13% above US avg (65.4%)
Total Housing Units
3,995
Ownership vs. Renting
74.1%
Owner-Occupied
26.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.3%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Homeownership Rate
74.1%
Complete Housing Data
Home Values
| Census Median Value | $280,000 |
Rent
| Census Median Rent | $950 |
Market
Ownership & Stock
| Owner-Occupied | 74.1% |
| Renter-Occupied | 26.0% |
| Homeownership Rate | 74.1% |
| Total Housing Units | 3,995 |
| Rent Burden | 16.3% |