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New Glasgow, PE
Full City Profile · Prince Edward Island
3.1
/5.0
B
Good
4,277
Population
43/sq mi density
$81,000
Median Income
$44,400 per capita
$300,000
Home Value
$900
Median Rent
13.6% income on rent
42°F
Avg Temperature
259 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$81,000 median income, 11.5% unemployment
A+
Affordability
4.6 / 5.0
$300,000 home value, $900/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
87.0%
33% above US avg (65.4%)
Total Housing Units
1,695
Ownership vs. Renting
87.0%
Owner-Occupied
13.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.6%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Homeownership Rate
87.0%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $900 |
Market
Ownership & Stock
| Owner-Occupied | 87.0% |
| Renter-Occupied | 13.0% |
| Homeownership Rate | 87.0% |
| Total Housing Units | 1,695 |
| Rent Burden | 13.6% |