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Strathroy-Caradoc, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
23,871
Population
228/sq mi density
$89,000
Median Income
$48,800 per capita
$500,000
Home Value
$1,030
Median Rent
13.9% income on rent
46°F
Avg Temperature
266 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$89,000 median income, 8.9% unemployment
B+
Affordability
3.5 / 5.0
$500,000 home value, $1,030/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher
Housing Overview
Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$1,030/mo
11% below
US avg: $1,163/mo
Homeownership Rate
78.1%
19% above US avg (65.4%)
Total Housing Units
9,455
Ownership vs. Renting
78.1%
Owner-Occupied
21.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.9%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
78.1%
Complete Housing Data
Home Values
| Census Median Value | $500,000 |
Rent
| Census Median Rent | $1,030 |
Market
Ownership & Stock
| Owner-Occupied | 78.1% |
| Renter-Occupied | 21.9% |
| Homeownership Rate | 78.1% |
| Total Housing Units | 9,455 |
| Rent Burden | 13.9% |