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Virden, MB

Full City Profile · Manitoba

3.0 /5.0
B Good
3,118 Population 901/sq mi density
$71,000 Median Income $49,720 per capita
$250,000 Home Value
$800 Median Rent 13.9% income on rent
37°F Avg Temperature 303 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$71,000 median income, 8.8% unemployment
A+
Affordability
4.7 / 5.0
$250,000 home value, $800/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher

Housing Overview

Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$800/mo
31% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
1,400

Ownership vs. Renting

71.8%
Owner-Occupied
28.2%
Renter-Occupied
72%
28%
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
71.8%

Complete Housing Data

Home Values

Census Median Value$250,000

Rent

Census Median Rent$800

Market

Ownership & Stock

Owner-Occupied71.8%
Renter-Occupied28.2%
Homeownership Rate71.8%
Total Housing Units1,400
Rent Burden13.9%