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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
Housing Overview
Median Home Value
$360,000
28% above
US avg: $281,900
Median Rent
$1,290/mo
11% above
US avg: $1,163/mo
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
2,710
Ownership vs. Renting
90.4%
Owner-Occupied
9.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
9.9%
of renters spending 30%+ of income on housing
68% below US avg (31.0%)
Homeownership Rate
90.4%
Complete Housing Data
Home Values
| Census Median Value | $360,000 |
Rent
| Census Median Rent | $1,290 |
Market
Ownership & Stock
| Owner-Occupied | 90.4% |
| Renter-Occupied | 9.8% |
| Homeownership Rate | 90.4% |
| Total Housing Units | 2,710 |
| Rent Burden | 9.9% |