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Weldford, NB

Full City Profile · New Brunswick

2.8 /5.0
C+ Fair
1,335 Population 6/sq mi density
$56,400 Median Income $34,100 per capita
$110,000 Home Value
$408 Median Rent 7.3% income on rent
41°F Avg Temperature 252 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$56,400 median income, 16.5% unemployment
A+
Affordability
5.0 / 5.0
$110,000 home value, $408/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher

Housing Overview

Median Home Value
$110,000
61% below
US avg: $281,900
Median Rent
$408/mo
65% below
US avg: $1,163/mo
Homeownership Rate
95.2%
46% above US avg (65.4%)
Total Housing Units
620

Ownership vs. Renting

95.2%
Owner-Occupied
4.8%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
7.3%
of renters spending 30%+ of income on housing
76% below US avg (31.0%)
Homeownership Rate
95.2%

Complete Housing Data

Home Values

Census Median Value$110,000

Rent

Census Median Rent$408

Market

Ownership & Stock

Owner-Occupied95.2%
Renter-Occupied4.8%
Homeownership Rate95.2%
Total Housing Units620
Rent Burden7.3%