Richmond, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
1,456
Population
15/sq mi density
$70,500
Median Income
$38,900 per capita
$139,000
Home Value
$636
Median Rent
13.3% income on rent
40°F
Avg Temperature
260 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$70,500 median income, 11.4% unemployment
A+
Affordability
5.0 / 5.0
$139,000 home value, $636/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.1% bachelor's degree or higher
Housing Overview
Median Home Value
$139,000
51% below
US avg: $281,900
Median Rent
$636/mo
45% below
US avg: $1,163/mo
Homeownership Rate
89.8%
37% above US avg (65.4%)
Total Housing Units
540
Ownership vs. Renting
89.8%
Owner-Occupied
11.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.3%
of renters spending 30%+ of income on housing
57% below US avg (31.0%)
Homeownership Rate
89.8%
Complete Housing Data
Home Values
| Census Median Value | $139,000 |
Rent
| Census Median Rent | $636 |
Market
Ownership & Stock
| Owner-Occupied | 89.8% |
| Renter-Occupied | 11.1% |
| Homeownership Rate | 89.8% |
| Total Housing Units | 540 |
| Rent Burden | 13.3% |
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