Wakefield, NB
Full City Profile · New Brunswick
3.1
/5.0
B
Good
2,722
Population
36/sq mi density
$71,000
Median Income
$40,880 per capita
$150,000
Home Value
$740
Median Rent
9.9% income on rent
40°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$71,000 median income, 7.3% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $740/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$740/mo
36% below
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
1,135
Ownership vs. Renting
83.3%
Owner-Occupied
16.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
9.9%
of renters spending 30%+ of income on housing
68% below US avg (31.0%)
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $740 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 1,135 |
| Rent Burden | 9.9% |