Springfield, NB
Full City Profile · New Brunswick
3.1
/5.0
B
Good
1,641
Population
17/sq mi density
$72,000
Median Income
$47,400 per capita
$200,000
Home Value
$910
Median Rent
6.3% income on rent
41°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$72,000 median income, 10.5% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $910/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.2% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$910/mo
22% below
US avg: $1,163/mo
Homeownership Rate
94.7%
45% above US avg (65.4%)
Total Housing Units
655
Ownership vs. Renting
94.7%
Owner-Occupied
4.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.3%
of renters spending 30%+ of income on housing
80% below US avg (31.0%)
Homeownership Rate
94.7%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $910 |
Market
Ownership & Stock
| Owner-Occupied | 94.7% |
| Renter-Occupied | 4.6% |
| Homeownership Rate | 94.7% |
| Total Housing Units | 655 |
| Rent Burden | 6.3% |