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Pelham, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
18,192
Population
373/sq mi density
$110,000
Median Income
$62,450 per capita
$750,000
Home Value
$1,010
Median Rent
15.0% income on rent
48°F
Avg Temperature
271 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$110,000 median income, 8.6% unemployment
C+
Affordability
2.8 / 5.0
$750,000 home value, $1,010/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.6 / 5.0
20.2% bachelor's degree or higher
Housing Overview
Median Home Value
$750,000
166% above
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
6,960
Ownership vs. Renting
87.6%
Owner-Occupied
12.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.0%
of renters spending 30%+ of income on housing
51% below US avg (31.0%)
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $750,000 |
Rent
| Census Median Rent | $1,010 |
Market
Ownership & Stock
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.3% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 6,960 |
| Rent Burden | 15.0% |