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Petrolia, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
6,013
Population
1,250/sq mi density
$86,000
Median Income
$53,850 per capita
$376,000
Home Value
$850
Median Rent
11.4% income on rent
50°F
Avg Temperature
236 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$86,000 median income, 9.1% unemployment
A
Affordability
4.2 / 5.0
$376,000 home value, $850/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher
Housing Overview
Median Home Value
$376,000
33% above
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
2,460
Ownership vs. Renting
79.1%
Owner-Occupied
21.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
11.4%
of renters spending 30%+ of income on housing
63% below US avg (31.0%)
Homeownership Rate
79.1%
Complete Housing Data
Home Values
| Census Median Value | $376,000 |
Rent
| Census Median Rent | $850 |
Market
Ownership & Stock
| Owner-Occupied | 79.1% |
| Renter-Occupied | 21.1% |
| Homeownership Rate | 79.1% |
| Total Housing Units | 2,460 |
| Rent Burden | 11.4% |