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Woolwich, ON

Full City Profile · Ontario

3.0 /5.0
B Good
26,999 Population 214/sq mi density
$115,000 Median Income $60,500 per capita
$755,000 Home Value
$1,180 Median Rent 13.8% 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
$115,000 median income, 6.2% unemployment
C+
Affordability
3.0 / 5.0
$755,000 home value, $1,180/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher

Housing Overview

Median Home Value
$755,000
168% above
US avg: $281,900
Median Rent
$1,180/mo
1% above
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
9,360

Ownership vs. Renting

83.9%
Owner-Occupied
16.0%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
13.8%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Homeownership Rate
83.9%

Complete Housing Data

Home Values

Census Median Value$755,000

Rent

Census Median Rent$1,180

Market

Ownership & Stock

Owner-Occupied83.9%
Renter-Occupied16.0%
Homeownership Rate83.9%
Total Housing Units9,360
Rent Burden13.8%