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Norwich, ON
Full City Profile · Ontario
2.8
/5.0
C+
Fair
11,151
Population
68/sq mi density
$95,000
Median Income
$49,720 per capita
$600,000
Home Value
$1,080
Median Rent
12.6% income on rent
46°F
Avg Temperature
266 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$95,000 median income, 6.7% unemployment
B
Affordability
3.1 / 5.0
$600,000 home value, $1,080/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.9% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,080/mo
7% below
US avg: $1,163/mo
Homeownership Rate
84.4%
29% above US avg (65.4%)
Total Housing Units
3,760
Ownership vs. Renting
84.4%
Owner-Occupied
15.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.6%
of renters spending 30%+ of income on housing
59% below US avg (31.0%)
Homeownership Rate
84.4%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,080 |
Market
Ownership & Stock
| Owner-Occupied | 84.4% |
| Renter-Occupied | 15.6% |
| Homeownership Rate | 84.4% |
| Total Housing Units | 3,760 |
| Rent Burden | 12.6% |