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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Inverness, Subd. C, with comparisons and sources.

Affordability

68 · Good
Average monthly rent$750/month

NS: $1,083/month · Canada: $1,209/month · 2006: $292/month (estimated) · 2016: $289/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

NS: $250,000 · Canada: $472,000 · 2016: $153,761 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.4%

NS: 17.9% · Canada: 20.9% · 2006: 12.7% (estimated) · 2016: 8.8% (estimated) · Statistics Canada, 2021

Economy

19 · Poor
Median household income$72,000

NS: $71,500 · Canada: $84,000 · 2006: $67,387 (estimated) · 2016: $69,776 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0%

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

Unemployment rate17.4%

NS: 12.7% · Canada: 10.3% · 2006: 14.4% (estimated) · 2016: 17.9% (estimated) · Statistics Canada, 2021

Sources

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