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Powassan, ON

Full City Profile · Ontario

2.9 /5.0
C+ Fair
3,346 Population 39/sq mi density
$79,500 Median Income $44,600 per capita
$324,000 Home Value
$910 Median Rent 12.4% income on rent
39°F Avg Temperature 271 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$79,500 median income, 10.3% unemployment
A
Affordability
4.4 / 5.0
$324,000 home value, $910/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.7% bachelor's degree or higher

Housing Overview

Median Home Value
$324,000
15% above
US avg: $281,900
Median Rent
$910/mo
22% below
US avg: $1,163/mo
Homeownership Rate
85.0%
30% above US avg (65.4%)
Total Housing Units
1,330

Ownership vs. Renting

85.0%
Owner-Occupied
14.7%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
12.4%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Homeownership Rate
85.0%

Complete Housing Data

Home Values

Census Median Value$324,000

Rent

Census Median Rent$910

Market

Ownership & Stock

Owner-Occupied85.0%
Renter-Occupied14.7%
Homeownership Rate85.0%
Total Housing Units1,330
Rent Burden12.4%