Colchester, Subd. B

Town · Nova Scotia · Population 19,806

Housing and jobs

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

55 · Average

Average monthly rent$918/month

NS: $1,083/month · Canada: $1,209/month · 2006: $761/month · 2016: $866/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$796/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,011/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,273/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,753/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$200,000

NS: $250,000 · Canada: $472,000 · 2016: $187,528 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing12.3%

NS: 17.9% · Canada: 20.9% · 2006: 17.8% · 2016: 16.1% · Statistics Canada, 2021

34 · Below average

Median household income$70,000

NS: $71,500 · Canada: $84,000 · 2006: $57,829 · 2016: $65,219 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.4%

NS: 5% · Canada: 5.2% · 2016: -0.6% · Statistics Canada, 2021

Unemployment rate10.6%

NS: 12.7% · Canada: 10.3% · 2006: 7.8% · 2016: 8.7% · Statistics Canada, 2021