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Springfield, MB
Full City Profile · Manitoba
3.4
/5.0
B
Good
16,142
Population
38/sq mi density
$114,000
Median Income
$59,100 per capita
$424,000
Home Value
$1,360
Median Rent
9.8% income on rent
36°F
Avg Temperature
293 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$114,000 median income, 5.3% unemployment
A+
Affordability
4.6 / 5.0
$424,000 home value, $1,360/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
15.0% bachelor's degree or higher
Housing Overview
Median Home Value
$424,000
50% above
US avg: $281,900
Median Rent
$1,360/mo
17% above
US avg: $1,163/mo
Homeownership Rate
94.5%
44% above US avg (65.4%)
Total Housing Units
5,795
Ownership vs. Renting
94.5%
Owner-Occupied
5.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
9.8%
of renters spending 30%+ of income on housing
68% below US avg (31.0%)
Homeownership Rate
94.5%
Complete Housing Data
Home Values
| Census Median Value | $424,000 |
Rent
| Census Median Rent | $1,360 |
Market
Ownership & Stock
| Owner-Occupied | 94.5% |
| Renter-Occupied | 5.5% |
| Homeownership Rate | 94.5% |
| Total Housing Units | 5,795 |
| Rent Burden | 9.8% |