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Somerville, Australia
Full City Profile
4.0
/5.0
A
Great
4,426
Population
2,445/sq mi density
1,181 ft
Elevation
360 meters
67°F
Avg Temperature
19°C
A
Overall
4.0 / 5.0
Strong
B+
Economy
3.5 / 5.0
$48,368 median income, 2.7% unemployment
A+
Affordability
4.5 / 5.0
$186,000 home value, $930/mo rent
Housing Overview
Median Home Value
$186,000
34% below
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
61.9%
5% below US avg (65.4%)
Total Housing Units
1,770
Ownership vs. Renting
61.9%
Owner-Occupied
38.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $186,000 |
Rent
| Census Median Rent | $930 |
Market
Ownership & Stock
| Owner-Occupied | 61.9% |
| Renter-Occupied | 38.1% |
| Homeownership Rate | 61.9% |
| Total Housing Units | 1,770 |