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Port Elgin, NB

Full City Profile · New Brunswick

2.7 /5.0
C+ Fair
381 Population 373/sq mi density
$52,800 Median Income $34,800 per capita
$100,000 Home Value
$580 Median Rent 18.2% income on rent
42°F Avg Temperature 257 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$52,800 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $580/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.3% bachelor's degree or higher

Housing Overview

Median Home Value
$100,000
65% below
US avg: $281,900
Median Rent
$580/mo
50% below
US avg: $1,163/mo
Homeownership Rate
72.7%
11% above US avg (65.4%)
Total Housing Units
165

Ownership vs. Renting

72.7%
Owner-Occupied
27.3%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
18.2%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Homeownership Rate
72.7%

Complete Housing Data

Home Values

Census Median Value$100,000

Rent

Census Median Rent$580

Market

Ownership & Stock

Owner-Occupied72.7%
Renter-Occupied27.3%
Homeownership Rate72.7%
Total Housing Units165
Rent Burden18.2%