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Oil Springs, ON
Full City Profile · Ontario
3.3
/5.0
B
Good
647
Population
206/sq mi density
$91,000
Median Income
$52,600 per capita
$300,000
Home Value
$1,012
Median Rent
0.0% income on rent
47°F
Avg Temperature
270 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$91,000 median income, 4.3% unemployment
A+
Affordability
4.8 / 5.0
$300,000 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
5.8% bachelor's degree or higher
Housing Overview
Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
96.2%
47% above US avg (65.4%)
Total Housing Units
265
Ownership vs. Renting
96.2%
Owner-Occupied
5.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
0.0%
of renters spending 30%+ of income on housing
100% below US avg (31.0%)
Homeownership Rate
96.2%
Complete Housing Data
Home Values
| Census Median Value | $300,000 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 96.2% |
| Renter-Occupied | 5.7% |
| Homeownership Rate | 96.2% |
| Total Housing Units | 265 |
| Rent Burden | 0.0% |