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Richmond, Subd. B, NS

Full City Profile · Nova Scotia

2.8 /5.0
C+ Fair
1,610 Population 7/sq mi density
$59,600 Median Income $55,300 per capita
$174,000 Home Value
$604 Median Rent 14.1% income on rent
43°F Avg Temperature 252 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$59,600 median income, 24.4% 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
7.2% 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
89.1%
36% above US avg (65.4%)
Total Housing Units
780

Ownership vs. Renting

89.1%
Owner-Occupied
10.9%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
14.1%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
89.1%

Complete Housing Data

Home Values

Census Median Value$174,000

Rent

Census Median Rent$604

Market

Ownership & Stock

Owner-Occupied89.1%
Renter-Occupied10.9%
Homeownership Rate89.1%
Total Housing Units780
Rent Burden14.1%