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AreaScore

Housing and jobs

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

Affordability

80 · Excellent
Average monthly rent$560/month

QC: $886/month · Canada: $1,209/month · 2006: $668/month (estimated) · 2016: $598/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$250,000

QC: $300,000 · Canada: $472,000 · 2016: $275,657 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing3.9%

QC: 16.1% · Canada: 20.9% · 2006: 17.5% (estimated) · 2016: 7.8% · Statistics Canada, 2021

Economy

72 · Good
Median household income$76,500

QC: $72,500 · Canada: $84,000 · 2006: $57,198 (estimated) · 2016: $65,102 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.1%

QC: 4.1% · Canada: 5.2% · 2016: 8.6% · Statistics Canada, 2021

Unemployment rate3.8%

QC: 7.6% · Canada: 10.3% · 2006: 5.8% (estimated) · 2016: 4.7% · Statistics Canada, 2021

Sources

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