Truro, NS
Full City Profile · Nova Scotia
2.9
/5.0
C+
Fair
12,954
Population
894/sq mi density
$54,800
Median Income
$39,480 per capita
$194,000
Home Value
$860
Median Rent
27.0% income on rent
46°F
Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$54,800 median income, 15.9% unemployment
A+
Affordability
4.7 / 5.0
$194,000 home value, $860/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher
Housing Overview
Median Home Value
$194,000
31% below
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
42.5%
35% below US avg (65.4%)
Total Housing Units
6,345
Ownership vs. Renting
42.5%
Owner-Occupied
57.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Homeownership Rate
42.5%
Complete Housing Data
Home Values
| Census Median Value | $194,000 |
Rent
| Census Median Rent | $860 |
Market
Ownership & Stock
| Owner-Occupied | 42.5% |
| Renter-Occupied | 57.5% |
| Homeownership Rate | 42.5% |
| Total Housing Units | 6,345 |
| Rent Burden | 27.0% |