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Russell-Binscarth, MB
Full City Profile · Manitoba
3.2
/5.0
B
Good
2,596
Population
12/sq mi density
$80,000
Median Income
$52,250 per capita
$200,000
Home Value
$750
Median Rent
13.8% income on rent
34°F
Avg Temperature
301 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$80,000 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
81.1%
24% above US avg (65.4%)
Total Housing Units
1,135
Ownership vs. Renting
81.1%
Owner-Occupied
18.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.8%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
81.1%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $750 |
Market
Ownership & Stock
| Owner-Occupied | 81.1% |
| Renter-Occupied | 18.9% |
| Homeownership Rate | 81.1% |
| Total Housing Units | 1,135 |
| Rent Burden | 13.8% |