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Petone, New Zealand

Full City Profile

2.5 /5.0
C+ Fair
8,370 Population 35/sq mi density
374 ft Elevation 114 meters
57°F Avg Temperature 14°C
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$34,200 median income, 4.8% unemployment
C
Affordability
2.1 / 5.0
$275,600 home value, $1,378/mo rent

Housing Overview

Median Home Value
$275,600
2% below
US avg: $281,900
Median Rent
$1,378/mo
18% above
US avg: $1,163/mo
Homeownership Rate
39.8%
39% below US avg (65.4%)
Total Housing Units
3,348

Ownership vs. Renting

39.8%
Owner-Occupied
60.2%
Renter-Occupied
40%
60%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$275,600

Rent

Census Median Rent$1,378

Market

Ownership & Stock

Owner-Occupied39.8%
Renter-Occupied60.2%
Homeownership Rate39.8%
Total Housing Units3,348