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Vaughan, ON
Full City Profile · Ontario
2.6
/5.0
C+
Fair
323,103
Population
3,072/sq mi density
$124,000
Median Income
$59,600 per capita
$1,200,000
Home Value
$2,040
Median Rent
27.9% income on rent
48°F
Avg Temperature
249 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$124,000 median income, 12.5% unemployment
F
Affordability
1.2 / 5.0
$1,200,000 home value, $2,040/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher
Housing Overview
Median Home Value
$1,200,000
326% above
US avg: $281,900
Median Rent
$2,040/mo
75% above
US avg: $1,163/mo
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
103,915
Ownership vs. Renting
85.9%
Owner-Occupied
14.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Homeownership Rate
85.9%
Complete Housing Data
Home Values
| Census Median Value | $1,200,000 |
Rent
| Census Median Rent | $2,040 |
Market
Ownership & Stock
| Owner-Occupied | 85.9% |
| Renter-Occupied | 14.1% |
| Homeownership Rate | 85.9% |
| Total Housing Units | 103,915 |
| Rent Burden | 27.9% |