Kensington, Part 1

Small town · Prince Edward Island · Population 3,090

Housing and jobs

Housing costs, rents, incomes and jobs in Kensington, Part 1, with comparisons and sources.

57 · Average

Average monthly rent$880/month

PE: $996/month · Canada: $1,209/month · 2006: $295/month (estimated) · 2016: $683/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$276,000

PE: $300,000 · Canada: $472,000 · 2016: $188,962 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing8.7%

PE: 15.5% · Canada: 20.9% · 2006: 13.5% (estimated) · 2016: 10.6% (estimated) · Statistics Canada, 2021

19 · Poor

Median household income$86,000

PE: $73,500 · Canada: $84,000 · 2006: $71,487 (estimated) · 2016: $77,004 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-2.5%

PE: 8% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate11.9%

PE: 10.3% · Canada: 10.3% · 2006: 10.9% (estimated) · 2016: 12.8% (estimated) · Statistics Canada, 2021