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Wilmot, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
21,429
Population
210/sq mi density
$114,000
Median Income
$60,850 per capita
$775,000
Home Value
$1,100
Median Rent
11.7% income on rent
48°F
Avg Temperature
238 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$114,000 median income, 6.8% unemployment
C+
Affordability
2.8 / 5.0
$775,000 home value, $1,100/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher
Housing Overview
Median Home Value
$775,000
175% above
US avg: $281,900
Median Rent
$1,100/mo
5% below
US avg: $1,163/mo
Homeownership Rate
85.5%
31% above US avg (65.4%)
Total Housing Units
7,890
Ownership vs. Renting
85.5%
Owner-Occupied
14.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
11.7%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Homeownership Rate
85.5%
Complete Housing Data
Home Values
| Census Median Value | $775,000 |
Rent
| Census Median Rent | $1,100 |
Market
Ownership & Stock
| Owner-Occupied | 85.5% |
| Renter-Occupied | 14.5% |
| Homeownership Rate | 85.5% |
| Total Housing Units | 7,890 |
| Rent Burden | 11.7% |