Heritage Park

Neighbourhood in King · Ontario · Population 452

Places with fewer than 1,000 residents show facts only, without scores.

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Approximate boundaries

King 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 King.

Housing and jobs

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

Affordability

Average monthly rent$2,600/month

King: $1,704/month · Canada: $1,209/month · 2006: $1,164/month (estimated) · 2016: $2,235/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,491/month

City-wide figure for King · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,761/month

City-wide figure for King · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,045/month

City-wide figure for King · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,294/month

City-wide figure for King · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3%

City-wide figure for King · CMHC, 2025

Median dwelling value (owner-estimated)$1,700,000

King: $1,600,000 · Canada: $472,000 · Estimated · 2016: $992,746 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing36.7%

King: 26.6% · Canada: 20.9% · 2006: 22.6% (estimated) · 2016: 24.1% (estimated) · Statistics Canada, 2021

Economy

Median household income$127,000

King: $141,000 · Canada: $84,000 · Estimated · 2006: $88,165 (estimated) · 2016: $117,184 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11.5%

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

Unemployment rate13%

King: 11% · Canada: 10.3% · 2006: 5.9% (estimated) · 2016: 5.7% (estimated) · Statistics Canada, 2021