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Ritchot, MB

Full City Profile · Manitoba

3.4 /5.0
B Good
7,469 Population 58/sq mi density
$109,000 Median Income $58,450 per capita
$360,000 Home Value
$1,290 Median Rent 9.9% income on rent
37°F Avg Temperature 296 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$109,000 median income, 6.7% unemployment
A+
Affordability
4.8 / 5.0
$360,000 home value, $1,290/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher

Ritchot, MB

At a Glance

Median Income
$109,000
45% above
$58,450 per capita
Home Value
$360,000
28% above
Median Rent
$1,290/mo
11% above
9.9% of income on rent
Bachelor's Degree+
14.5%
57% below
32.4% high school+
Unemployment
6.7%
86% above
5.8% poverty rate
Avg Temperature
37°F
296 sunny days/yr

How Ritchot Compares to the U.S. Average

Each bar shows Ritchot's value as a percentage of the national average (100% = U.S. avg)

Income
145%
Home Value
128%
Rent
111%
Poverty
47%
Bachelor's
43%
Unemployment
186%
Thin vertical line = U.S. national average (100%)

Is Ritchot a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Ritchot residents earn a median household income of $109,000 , which is 45% above the national average of $75,149. Per capita income is $58,450. The unemployment rate stands at 6.7% (86% above the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 232 business establishments.

Housing & Cost of Living

The median home value in Ritchot is $360,000 , 28% above the national median of $281,900. Median rent is $1,290/month, with 9.9% of renters spending more than 30% of income on housing.

Education

14.5% of adults in Ritchot hold a bachelor's degree or higher (57% below the national average). 32.4% have completed high school.

Climate & Weather

Ritchot has an average annual temperature of 37°F (3°C). Winters average -1°F in January while summers reach 67°F in July. The area gets 296 sunny days per year. Annual precipitation totals 21.8 inches.

Data Overview

People

Population7,469
Median Age38.0 yrs
Density58/mi²
Male / Female51% / 49%

Economy

A
Median Income$109,000
Per Capita$58,450
Unemployment6.7%
Poverty5.8%
Avg Weekly Wage$1,124

Housing

A+
Home Value$360,000
Rent$1,290
Ownership90.4%
Housing Units2,710
Rent Burden9.9%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp37°F
Sunny Days296/yr
Rain21.8 in/yr
Elevation764 ft

Education

C
Bachelor's+14.5%
High School+32.4%
Graduate+3.2%

Community

Commute30 min

Did You Know?

26.4% work from home.