Hamilton Housing Monthly Cost


In Hamilton the average monthly costs for owned dwellings is $1,326.20 while the mean monthly cost is $1,212.20 For rented homes in Hamilton the average monthly costs is $876.50 while the mean monthly cost is $866.80 Generally if the median is higher than the average it means that the distribution of monthly housing cost in Hamilton is skewed to the left which implies that there are more homes that cost less per month than the median then there are homes that cost more than the median. If the median is lower than the average then it means that that the distribution is skewed to the right so there are more homes in Hamilton that cost more per month than the median than there are homes that cost less.

StatisticDollar Amount
Median monthly costs for owned dwellings$1,212.20
Average monthly costs for owned dwellings$1,326.20
Median monthly costs for rented dwellings$866.80
Average monthly costs for rented dwellings$876.50
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