Pennfield, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
2,222
Population
16/sq mi density
$69,500
Median Income
$42,600 per capita
$150,000
Home Value
$700
Median Rent
5.8% income on rent
43°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
$69,500 median income, 11.1% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $700/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
87.5%
34% above US avg (65.4%)
Total Housing Units
960
Ownership vs. Renting
87.5%
Owner-Occupied
12.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.8%
of renters spending 30%+ of income on housing
81% below US avg (31.0%)
Homeownership Rate
87.5%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $700 |
Market
Ownership & Stock
| Owner-Occupied | 87.5% |
| Renter-Occupied | 12.0% |
| Homeownership Rate | 87.5% |
| Total Housing Units | 960 |
| Rent Burden | 5.8% |