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Wellesley, ON

Full City Profile · Ontario

2.9 /5.0
C+ Fair
11,318 Population 106/sq mi density
$119,000 Median Income $57,650 per capita
$800,000 Home Value
$960 Median Rent 11.0% income on rent
48°F Avg Temperature 231 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$119,000 median income, 3.9% unemployment
C+
Affordability
2.9 / 5.0
$800,000 home value, $960/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.8% bachelor's degree or higher

Housing Overview

Median Home Value
$800,000
184% above
US avg: $281,900
Median Rent
$960/mo
17% below
US avg: $1,163/mo
Homeownership Rate
86.9%
33% above US avg (65.4%)
Total Housing Units
3,365

Ownership vs. Renting

86.9%
Owner-Occupied
13.1%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.0%
of renters spending 30%+ of income on housing
65% below US avg (31.0%)
Homeownership Rate
86.9%

Complete Housing Data

Home Values

Census Median Value$800,000

Rent

Census Median Rent$960

Market

Ownership & Stock

Owner-Occupied86.9%
Renter-Occupied13.1%
Homeownership Rate86.9%
Total Housing Units3,365
Rent Burden11.0%