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Prairie Lakes, MB

Full City Profile · Manitoba

3.2 /5.0
B Good
1,625 Population 4/sq mi density
$69,500 Median Income $43,700 per capita
$174,000 Home Value
$604 Median Rent 11.0% income on rent
37°F Avg Temperature 299 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$69,500 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $604/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher

Housing Overview

Median Home Value
$174,000
38% below
US avg: $281,900
Median Rent
$604/mo
48% below
US avg: $1,163/mo
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
675

Ownership vs. Renting

90.4%
Owner-Occupied
9.6%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.0%
of renters spending 30%+ of income on housing
64% below US avg (31.0%)
Homeownership Rate
90.4%

Complete Housing Data

Home Values

Census Median Value$174,000

Rent

Census Median Rent$604

Market

Ownership & Stock

Owner-Occupied90.4%
Renter-Occupied9.6%
Homeownership Rate90.4%
Total Housing Units675
Rent Burden11.0%