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Nelson, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
929
Population
7/sq mi density
$70,500
Median Income
$44,200 per capita
$150,000
Home Value
$400
Median Rent
5.0% income on rent
40°F
Avg Temperature
257 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$70,500 median income, 14.2% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $400/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$400/mo
66% below
US avg: $1,163/mo
Homeownership Rate
90.1%
38% above US avg (65.4%)
Total Housing Units
405
Ownership vs. Renting
90.1%
Owner-Occupied
8.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.0%
of renters spending 30%+ of income on housing
84% below US avg (31.0%)
Homeownership Rate
90.1%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $400 |
Market
Ownership & Stock
| Owner-Occupied | 90.1% |
| Renter-Occupied | 8.6% |
| Homeownership Rate | 90.1% |
| Total Housing Units | 405 |
| Rent Burden | 5.0% |