Is New Tecumseth a Good Place to Live?
Based on current data, New Tecumseth receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment, long commute times. New Tecumseth has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in New Tecumseth is $104,000, which is significantly higher than the national average — 38% above $75,149. This places New Tecumseth among higher-income communities. At 9.6%, unemployment is notably high. Only 5.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 37 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in New Tecumseth is $750,000, making it a premium housing market at 166% above the U.S. median of $281,900. Renters pay a median of $1,410 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 7.2x, housing affordability is a significant challenge for many families.
Education
13.4% of residents hold a bachelor's degree, below the national average of 33.7%. 33.2% have completed high school.