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Southwold, ON

Full City Profile · Ontario

2.9 /5.0
C+ Fair
4,851 Population 42/sq mi density
$105,000 Median Income $54,200 per capita
$600,000 Home Value
$810 Median Rent 6.4% income on rent
47°F Avg Temperature 265 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$105,000 median income, 11.8% unemployment
B
Affordability
3.4 / 5.0
$600,000 home value, $810/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher

Housing Overview

Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$810/mo
30% below
US avg: $1,163/mo
Homeownership Rate
91.8%
40% above US avg (65.4%)
Total Housing Units
1,715

Ownership vs. Renting

91.8%
Owner-Occupied
8.2%
Renter-Occupied
92%
8%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
6.4%
of renters spending 30%+ of income on housing
79% below US avg (31.0%)
Homeownership Rate
91.8%

Complete Housing Data

Home Values

Census Median Value$600,000

Rent

Census Median Rent$810

Market

Ownership & Stock

Owner-Occupied91.8%
Renter-Occupied8.2%
Homeownership Rate91.8%
Total Housing Units1,715
Rent Burden6.4%