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Westmorland, NB
Full City Profile · New Brunswick
3.1
/5.0
B
Good
997
Population
15/sq mi density
$66,500
Median Income
$39,400 per capita
$150,000
Home Value
$666
Median Rent
7.6% income on rent
41°F
Avg Temperature
253 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$66,500 median income, 8.9% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $666/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
92.8%
42% above US avg (65.4%)
Total Housing Units
415
Ownership vs. Renting
92.8%
Owner-Occupied
7.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.6%
of renters spending 30%+ of income on housing
76% below US avg (31.0%)
Homeownership Rate
92.8%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $666 |
Market
Ownership & Stock
| Owner-Occupied | 92.8% |
| Renter-Occupied | 7.2% |
| Homeownership Rate | 92.8% |
| Total Housing Units | 415 |
| Rent Burden | 7.6% |