Southgate, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
8,716
Population
35/sq mi density
$85,000
Median Income
$44,400 per capita
$600,000
Home Value
$1,230
Median Rent
21.6% income on rent
42°F
Avg Temperature
259 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$85,000 median income, 7.8% unemployment
C+
Affordability
2.7 / 5.0
$600,000 home value, $1,230/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.2% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,230/mo
6% above
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
3,020
Ownership vs. Renting
83.3%
Owner-Occupied
16.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.6%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,230 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.6% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 3,020 |
| Rent Burden | 21.6% |
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