Shippagan, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
2,672
Population
695/sq mi density
$59,600
Median Income
$46,760 per capita
$160,000
Home Value
$580
Median Rent
13.9% income on rent
40°F
Avg Temperature
258 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$59,600 median income, 10.9% unemployment
A+
Affordability
5.0 / 5.0
$160,000 home value, $580/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher
Housing Overview
Median Home Value
$160,000
43% below
US avg: $281,900
Median Rent
$580/mo
50% below
US avg: $1,163/mo
Homeownership Rate
67.8%
4% above US avg (65.4%)
Total Housing Units
1,195
Ownership vs. Renting
67.8%
Owner-Occupied
32.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.9%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
67.8%
Complete Housing Data
Home Values
| Census Median Value | $160,000 |
Rent
| Census Median Rent | $580 |
Market
Ownership & Stock
| Owner-Occupied | 67.8% |
| Renter-Occupied | 32.2% |
| Homeownership Rate | 67.8% |
| Total Housing Units | 1,195 |
| Rent Burden | 13.9% |
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