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Oromocto, NB
Full City Profile · New Brunswick
2.9
/5.0
C+
Fair
295
Population
647/sq mi density
$63,200
Median Income
$28,800 per capita
$148,932
Home Value
$666
Median Rent
6.6% income on rent
42°F
Avg Temperature
254 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$63,200 median income, 26.1% unemployment
A+
Affordability
5.0 / 5.0
$148,932 home value, $666/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.7% bachelor's degree or higher
Housing Overview
Median Home Value
$148,932
47% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
9.5%
85% below US avg (65.4%)
Total Housing Units
105
Ownership vs. Renting
9.5%
Owner-Occupied
90.5%
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
9.5%
Complete Housing Data
Home Values
| Census Median Value | $148,932 |
Rent
| Census Median Rent | $666 |
Market
Ownership & Stock
| Owner-Occupied | 9.5% |
| Renter-Occupied | 90.5% |
| Homeownership Rate | 9.5% |
| Total Housing Units | 105 |
| Rent Burden | 6.6% |