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Wallace-Woodworth, MB

Full City Profile · Manitoba

3.4 /5.0
B Good
2,748 Population 4/sq mi density
$83,000 Median Income $48,680 per capita
$250,000 Home Value
$488 Median Rent 11.8% income on rent
37°F Avg Temperature 303 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$83,000 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $488/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Housing Overview

Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$488/mo
58% below
US avg: $1,163/mo
Homeownership Rate
89.4%
37% above US avg (65.4%)
Total Housing Units
1,035

Ownership vs. Renting

89.4%
Owner-Occupied
10.6%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.8%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Homeownership Rate
89.4%

Complete Housing Data

Home Values

Census Median Value$250,000

Rent

Census Median Rent$488

Market

Ownership & Stock

Owner-Occupied89.4%
Renter-Occupied10.6%
Homeownership Rate89.4%
Total Housing Units1,035
Rent Burden11.8%