Balmoral

Small town · New Brunswick · Population 1,603

Housing and jobs

Housing costs, rents, incomes and jobs in Balmoral, with comparisons and sources.

87 · Excellent

Average monthly rent$610/month

NB: $870/month · Canada: $1,209/month · 2006: $487/month · 2016: $587/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$130,000

NB: $180,000 · Canada: $472,000 · 2016: $104,598 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7%

NB: 12.9% · Canada: 20.9% · 2006: 6.2% · 2016: 11.6% · Statistics Canada, 2021

25 · Below average

Median household income$69,000

NB: $70,000 · Canada: $84,000 · 2006: $57,418 · 2016: $68,980 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-4.2%

NB: 3.8% · Canada: 5.2% · 2016: -2.6% · Statistics Canada, 2021

Unemployment rate9.4%

NB: 10.3% · Canada: 10.3% · 2006: 12.5% · 2016: 11.4% · Statistics Canada, 2021