Peel, NB

Full City Profile · New Brunswick

3.0 /5.0
B Good
1,198 Population 28/sq mi density
$67,000 Median Income $36,500 per capita
$130,000 Home Value
$665 Median Rent 8.5% income on rent
40°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$67,000 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$130,000 home value, $665/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher

Housing Overview

Median Home Value
$130,000
54% below
US avg: $281,900
Median Rent
$665/mo
43% below
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
485

Ownership vs. Renting

86.6%
Owner-Occupied
14.4%
Renter-Occupied
87%
14%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
8.5%
of renters spending 30%+ of income on housing
73% below US avg (31.0%)
Homeownership Rate
86.6%

Complete Housing Data

Home Values

Census Median Value$130,000

Rent

Census Median Rent$665

Market

Ownership & Stock

Owner-Occupied86.6%
Renter-Occupied14.4%
Homeownership Rate86.6%
Total Housing Units485
Rent Burden8.5%