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Prescott, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
4,078
Population
2,139/sq mi density
$61,200
Median Income
$38,360 per capita
$250,000
Home Value
$950
Median Rent
21.7% income on rent
43°F
Avg Temperature
272 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$61,200 median income, 12.4% unemployment
A
Affordability
4.4 / 5.0
$250,000 home value, $950/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.9% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$950/mo
18% below
US avg: $1,163/mo
Homeownership Rate
57.9%
11% below US avg (65.4%)
Total Housing Units
1,890
Ownership vs. Renting
57.9%
Owner-Occupied
42.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Homeownership Rate
57.9%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $950 |
Market
Ownership & Stock
| Owner-Occupied | 57.9% |
| Renter-Occupied | 42.3% |
| Homeownership Rate | 57.9% |
| Total Housing Units | 1,890 |
| Rent Burden | 21.7% |