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AreaScore

Housing and jobs

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

Affordability

16 · Poor
Average monthly rent$1,110/month

NS: $1,083/month · Canada: $1,209/month · 2006: $753/month · 2016: $1,042/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$400,000

NS: $250,000 · Canada: $472,000 · 2016: $286,081 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing24.8%

NS: 17.9% · Canada: 20.9% · 2006: 31.8% · 2016: 34% · Statistics Canada, 2021

Economy

41 · Average
Median household income$62,000

NS: $71,500 · Canada: $84,000 · 2006: $46,572 · 2016: $57,392 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.7%

NS: 5% · Canada: 5.2% · 2016: 9.9% · Statistics Canada, 2021

Unemployment rate10%

NS: 12.7% · Canada: 10.3% · 2006: 6.8% · 2016: 10.3% · Statistics Canada, 2021

Sources

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