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Housing and jobs

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

Affordability

65 · Good
Average monthly rent$850/month

NB: $870/month · Canada: $1,209/month · 2006: $836/month · 2016: $975/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,046/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,208/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,431/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,774/month

Metro area average · CMHC, 2025

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

NB: $180,000 · Canada: $472,000 · 2016: $221,272 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing6.3%

NB: 12.9% · Canada: 20.9% · 2006: 6.7% · 2016: 8.7% · Statistics Canada, 2021

Economy

80 · Excellent
Median household income$104,000

NB: $70,000 · Canada: $84,000 · 2006: $83,908 · 2016: $95,268 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.7%

NB: 3.8% · Canada: 5.2% · 2016: 5.7% · Statistics Canada, 2021

Unemployment rate4.9%

NB: 10.3% · Canada: 10.3% · 2006: 2.5% · 2016: 6.1% · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.