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Serpent River 7, ON
Full City Profile · Ontario
1.8
/5.0
D
Poor
351
Population
12/sq mi density
$48,000
Median Income
$31,200 per capita
$461,770
Home Value
$1,012
Median Rent
29.6% income on rent
40°F
Avg Temperature
270 sunny days/yr
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$48,000 median income, 20.8% unemployment
F
Affordability
1.2 / 5.0
$461,770 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher
Housing Overview
Median Home Value
$461,770
64% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
17.2%
74% below US avg (65.4%)
Total Housing Units
145
Ownership vs. Renting
17.2%
Owner-Occupied
82.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
29.6%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Homeownership Rate
17.2%
Complete Housing Data
Home Values
| Census Median Value | $461,770 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 17.2% |
| Renter-Occupied | 82.8% |
| Homeownership Rate | 17.2% |
| Total Housing Units | 145 |
| Rent Burden | 29.6% |