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Housing and jobs

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

Affordability

76 · Good
Average monthly rent$600/month

PE: $996/month · Canada: $1,209/month · 2006: $478/month (estimated) · 2016: $0/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$224,000

PE: $300,000 · Canada: $472,000 · 2016: $153,935 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7.9%

PE: 15.5% · Canada: 20.9% · 2006: 11% (estimated) · 2016: 10.1% (estimated) · Statistics Canada, 2021

Economy

63 · Good
Median household income$78,500

PE: $73,500 · Canada: $84,000 · 2006: $71,130 (estimated) · 2016: $73,437 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.4%

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

Unemployment rate8%

PE: 10.3% · Canada: 10.3% · 2006: 15.6% (estimated) · 2016: 14.6% (estimated) · Statistics Canada, 2021

Sources

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