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Newcastle, NB

Full City Profile · New Brunswick

2.8 /5.0
C+ Fair
1,149 Population 5/sq mi density
$67,000 Median Income $38,600 per capita
$130,000 Home Value
$666 Median Rent 10.2% income on rent
40°F Avg Temperature 257 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$67,000 median income, 21.7% unemployment
A+
Affordability
5.0 / 5.0
$130,000 home value, $666/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.2 / 5.0
3.1% bachelor's degree or higher

Housing Overview

Median Home Value
$130,000
54% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
93.9%
44% above US avg (65.4%)
Total Housing Units
495

Ownership vs. Renting

93.9%
Owner-Occupied
6.1%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
10.2%
of renters spending 30%+ of income on housing
67% below US avg (31.0%)
Homeownership Rate
93.9%

Complete Housing Data

Home Values

Census Median Value$130,000

Rent

Census Median Rent$666

Market

Ownership & Stock

Owner-Occupied93.9%
Renter-Occupied6.1%
Homeownership Rate93.9%
Total Housing Units495
Rent Burden10.2%