New Glasgow, NS
Full City Profile · Nova Scotia
3.0
/5.0
B
Good
9,471
Population
2,464/sq mi density
$58,000
Median Income
$43,080 per capita
$174,000
Home Value
$765
Median Rent
22.8% income on rent
46°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$58,000 median income, 11.9% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $765/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher
Housing Overview
Median Home Value
$174,000
38% below
US avg: $281,900
Median Rent
$765/mo
34% below
US avg: $1,163/mo
Homeownership Rate
56.5%
14% below US avg (65.4%)
Total Housing Units
4,445
Ownership vs. Renting
56.5%
Owner-Occupied
43.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Homeownership Rate
56.5%
Complete Housing Data
Home Values
| Census Median Value | $174,000 |
Rent
| Census Median Rent | $765 |
Market
Ownership & Stock
| Owner-Occupied | 56.5% |
| Renter-Occupied | 43.6% |
| Homeownership Rate | 56.5% |
| Total Housing Units | 4,445 |
| Rent Burden | 22.8% |