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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Colchester, Subd. A, with comparisons and sources.

Affordability

78 · Good
Average monthly rent$572/month

NS: $1,083/month · Canada: $1,209/month · 2006: $620/month · 2016: $534/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$180,000

NS: $250,000 · Canada: $472,000 · 2016: $142,944 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.7%

NS: 17.9% · Canada: 20.9% · 2006: 14.8% · 2016: 15.5% · Statistics Canada, 2021

Economy

49 · Average
Median household income$63,200

NS: $71,500 · Canada: $84,000 · 2006: $51,757 · 2016: $57,669 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.8%

NS: 5% · Canada: 5.2% · 2016: -5% · Statistics Canada, 2021

Unemployment rate12.4%

NS: 12.7% · Canada: 10.3% · 2006: 8.8% · 2016: 13.3% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.