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Richmond Hill, ON
Full City Profile · Ontario
2.6
/5.0
C+
Fair
202,022
Population
5,191/sq mi density
$102,000
Median Income
$54,450 per capita
$1,200,000
Home Value
$1,860
Median Rent
37.1% income on rent
47°F
Avg Temperature
249 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$102,000 median income, 13.1% unemployment
F
Affordability
1.0 / 5.0
$1,200,000 home value, $1,860/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.3 / 5.0
28.7% bachelor's degree or higher
Housing Overview
Median Home Value
$1,200,000
326% above
US avg: $281,900
Median Rent
$1,860/mo
60% above
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
69,315
Ownership vs. Renting
78.2%
Owner-Occupied
21.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
37.1%
of renters spending 30%+ of income on housing
20% above US avg (31.0%)
Homeownership Rate
78.2%
Complete Housing Data
Home Values
| Census Median Value | $1,200,000 |
Rent
| Census Median Rent | $1,860 |
Market
Ownership & Stock
| Owner-Occupied | 78.2% |
| Renter-Occupied | 21.8% |
| Homeownership Rate | 78.2% |
| Total Housing Units | 69,315 |
| Rent Burden | 37.1% |