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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
68%
32%
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-Occupied67.8%
Renter-Occupied32.2%
Homeownership Rate67.8%
Total Housing Units1,195
Rent Burden13.9%