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New Tecumseth, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
43,948
Population
416/sq mi density
$104,000
Median Income
$51,750 per capita
$750,000
Home Value
$1,410
Median Rent
22.7% income on rent
43°F
Avg Temperature
277 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$104,000 median income, 9.6% unemployment
C+
Affordability
2.6 / 5.0
$750,000 home value, $1,410/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher
Housing Overview
Median Home Value
$750,000
166% above
US avg: $281,900
Median Rent
$1,410/mo
21% above
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
15,855
Ownership vs. Renting
83.9%
Owner-Occupied
16.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Homeownership Rate
83.9%
Complete Housing Data
Home Values
| Census Median Value | $750,000 |
Rent
| Census Median Rent | $1,410 |
Market
Ownership & Stock
| Owner-Occupied | 83.9% |
| Renter-Occupied | 16.1% |
| Homeownership Rate | 83.9% |
| Total Housing Units | 15,855 |
| Rent Burden | 22.7% |