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Morell, PE
Full City Profile · Prince Edward Island
3.3
/5.0
B
Good
25
Population
83/sq mi density
$73,000
Median Income
$43,296 per capita
$256,943
Home Value
$855
Median Rent
0.0% income on rent
42°F
Avg Temperature
248 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$73,000 median income, 8.6% unemployment
A+
Affordability
4.7 / 5.0
$256,943 home value, $855/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$256,943
9% below
US avg: $281,900
Median Rent
$855/mo
26% below
US avg: $1,163/mo
Homeownership Rate
91.3%
40% above US avg (65.4%)
Total Housing Units
115
Ownership vs. Renting
91.3%
Owner-Occupied
8.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
0.0%
of renters spending 30%+ of income on housing
100% below US avg (31.0%)
Homeownership Rate
91.3%
Complete Housing Data
Home Values
| Census Median Value | $256,943 |
Rent
| Census Median Rent | $855 |
Market
Ownership & Stock
| Owner-Occupied | 91.3% |
| Renter-Occupied | 8.7% |
| Homeownership Rate | 91.3% |
| Total Housing Units | 115 |
| Rent Burden | 0.0% |