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Rakaia, New Zealand

Full City Profile

2.8 /5.0
C+ Fair
1,670 Population 2,288/sq mi density
387 ft Elevation 118 meters
53°F Avg Temperature 11°C
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$25,560 median income, 3.1% unemployment
C+
Affordability
2.6 / 5.0
$182,000 home value, $910/mo rent

Housing Overview

Median Home Value
$182,000
35% below
US avg: $281,900
Median Rent
$910/mo
22% below
US avg: $1,163/mo
Homeownership Rate
77.9%
19% above US avg (65.4%)
Total Housing Units
668

Ownership vs. Renting

77.9%
Owner-Occupied
22.1%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$182,000

Rent

Census Median Rent$910

Market

Ownership & Stock

Owner-Occupied77.9%
Renter-Occupied22.1%
Homeownership Rate77.9%
Total Housing Units668