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Housing and jobs

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

Affordability

72 · Good
Average monthly rent$800/month

NB: $870/month · Canada: $1,209/month · 2006: $533/month · 2016: $0/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,028/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,164/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,452/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,607/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.7%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$150,000

NB: $180,000 · Canada: $472,000 · 2016: $131,677 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9%

NB: 12.9% · Canada: 20.9% · 2006: 16.9% · 2016: 10.7% · Statistics Canada, 2021

Economy

40 · Average
Median household income$66,500

NB: $70,000 · Canada: $84,000 · 2006: $58,786 · 2016: $59,977 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.8%

NB: 3.8% · Canada: 5.2% · 2016: -6.2% · Statistics Canada, 2021

Unemployment rate15.5%

NB: 10.3% · Canada: 10.3% · 2006: 9.2% · 2016: 12.1% · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.