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Russell, ON
Full City Profile · Ontario
3.4
/5.0
B
Good
19,598
Population
255/sq mi density
$123,000
Median Income
$60,750 per capita
$552,000
Home Value
$1,240
Median Rent
11.8% income on rent
46°F
Avg Temperature
228 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$123,000 median income, 5.4% unemployment
A
Affordability
4.1 / 5.0
$552,000 home value, $1,240/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher
Housing Overview
Median Home Value
$552,000
96% above
US avg: $281,900
Median Rent
$1,240/mo
7% above
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
7,225
Ownership vs. Renting
83.9%
Owner-Occupied
16.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
11.8%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Homeownership Rate
83.9%
Complete Housing Data
Home Values
| Census Median Value | $552,000 |
Rent
| Census Median Rent | $1,240 |
Market
Ownership & Stock
| Owner-Occupied | 83.9% |
| Renter-Occupied | 16.0% |
| Homeownership Rate | 83.9% |
| Total Housing Units | 7,225 |
| Rent Burden | 11.8% |