Norton, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
1,410
Population
48/sq mi density
$70,000
Median Income
$44,200 per capita
$200,000
Home Value
$750
Median Rent
6.6% income on rent
42°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$70,000 median income, 9.5% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
550
Ownership vs. Renting
90.0%
Owner-Occupied
9.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.6%
of renters spending 30%+ of income on housing
79% below US avg (31.0%)
Homeownership Rate
90.0%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $750 |
Market
Ownership & Stock
| Owner-Occupied | 90.0% |
| Renter-Occupied | 9.1% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 550 |
| Rent Burden | 6.6% |