Coldwater

Neighbourhood in Severn · Ontario · Population 1,525

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Approximate boundaries

Severn doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Severn.

Housing and jobs

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

Affordability

54 · Average

Average monthly rent$948/month

Severn: $1,072/month · Canada: $1,209/month · 2006: $723/month (estimated) · 2016: $840/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$500,000

Severn: $650,000 · Canada: $472,000 · Estimated · 2016: $290,206 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing20.7%

Severn: 13.4% · Canada: 20.9% · 2006: 30.3% (estimated) · 2016: 29.1% (estimated) · Statistics Canada, 2021

Economy

39 · Below average

Median household income$69,505

Severn: $94,000 · Canada: $84,000 · Estimated · 2006: $53,239 (estimated) · 2016: $66,996 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.3%

Canada: 5.2% · City-wide figure for Severn · Statistics Canada, 2021

Unemployment rate15.8%

Severn: 10.5% · Canada: 10.3% · 2006: 6.8% (estimated) · 2016: 4.6% (estimated) · Statistics Canada, 2021