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Sheffield, NB

Full City Profile · New Brunswick

2.9 /5.0
C+ Fair
888 Population 9/sq mi density
$67,500 Median Income $41,400 per capita
$170,000 Home Value
$666 Median Rent 12.8% income on rent
42°F Avg Temperature 257 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$67,500 median income, 10.5% unemployment
A+
Affordability
5.0 / 5.0
$170,000 home value, $666/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.9% bachelor's degree or higher

Housing Overview

Median Home Value
$170,000
40% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
92.4%
41% above US avg (65.4%)
Total Housing Units
395

Ownership vs. Renting

92.4%
Owner-Occupied
7.6%
Renter-Occupied
92%
8%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
12.8%
of renters spending 30%+ of income on housing
59% below US avg (31.0%)
Homeownership Rate
92.4%

Complete Housing Data

Home Values

Census Median Value$170,000

Rent

Census Median Rent$666

Market

Ownership & Stock

Owner-Occupied92.4%
Renter-Occupied7.6%
Homeownership Rate92.4%
Total Housing Units395
Rent Burden12.8%