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Wellington, NB
Full City Profile · New Brunswick
3.0
/5.0
B
Good
3,292
Population
46/sq mi density
$69,500
Median Income
$38,200 per capita
$160,000
Home Value
$400
Median Rent
5.5% income on rent
41°F
Avg Temperature
253 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$69,500 median income, 13.5% unemployment
A+
Affordability
5.0 / 5.0
$160,000 home value, $400/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.9% bachelor's degree or higher
Housing Overview
Median Home Value
$160,000
43% below
US avg: $281,900
Median Rent
$400/mo
66% below
US avg: $1,163/mo
Homeownership Rate
93.5%
43% above US avg (65.4%)
Total Housing Units
1,455
Ownership vs. Renting
93.5%
Owner-Occupied
6.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.5%
of renters spending 30%+ of income on housing
82% below US avg (31.0%)
Homeownership Rate
93.5%
Complete Housing Data
Home Values
| Census Median Value | $160,000 |
Rent
| Census Median Rent | $400 |
Market
Ownership & Stock
| Owner-Occupied | 93.5% |
| Renter-Occupied | 6.2% |
| Homeownership Rate | 93.5% |
| Total Housing Units | 1,455 |
| Rent Burden | 5.5% |