Mount Vernon

Neighbourhood in Malahide · Ontario · Population 596

Places with fewer than 1,000 residents show facts only, without scores.

Compare with another place Save this place

Approximate boundaries

Malahide doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Malahide.

Housing and jobs

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

Affordability

Average monthly rent$760/month

Malahide: $1,044/month · Canada: $1,209/month · 2006: $880/month (estimated) · 2016: $1,025/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$500,000

Malahide: $576,000 · Canada: $472,000 · Estimated · 2016: $242,092 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing20%

Malahide: 13.2% · Canada: 20.9% · 2006: 9.5% (estimated) · 2016: 26.5% (estimated) · Statistics Canada, 2021

Economy

Median household income$91,000

Malahide: $95,000 · Canada: $84,000 · Estimated · 2006: $79,697 (estimated) · 2016: $78,677 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0.2%

Canada: 5.2% · City-wide figure for Malahide · Statistics Canada, 2021

Unemployment rate6.5%

Malahide: 7.7% · Canada: 10.3% · 2006: 10.2% (estimated) · 2016: 3.3% (estimated) · Statistics Canada, 2021