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
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-Occupied | 91.8% |
| Renter-Occupied | 8.2% |
| Homeownership Rate | 91.8% |
| Total Housing Units | 1,715 |
| Rent Burden | 6.4% |
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