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West Elgin, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
5,060
Population
41/sq mi density
$75,500
Median Income
$41,920 per capita
$400,000
Home Value
$700
Median Rent
13.0% income on rent
47°F
Avg Temperature
268 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$75,500 median income, 9.4% unemployment
B+
Affordability
3.7 / 5.0
$400,000 home value, $700/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher
Housing Overview
Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
2,105
Ownership vs. Renting
84.3%
Owner-Occupied
15.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.0%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Homeownership Rate
84.3%
Complete Housing Data
Home Values
| Census Median Value | $400,000 |
Rent
| Census Median Rent | $700 |
Market
Ownership & Stock
| Owner-Occupied | 84.3% |
| Renter-Occupied | 15.7% |
| Homeownership Rate | 84.3% |
| Total Housing Units | 2,105 |
| Rent Burden | 13.0% |