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AreaScore

Housing and jobs

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

Affordability

85 · Excellent
Average monthly rent$560/month

NB: $870/month · Canada: $1,209/month · 2006: $605/month · 2016: $707/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$662/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,132/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$130,000

NB: $180,000 · Canada: $472,000 · 2016: $110,626 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.2%

NB: 12.9% · Canada: 20.9% · 2006: 11% · 2016: 6.5% · Statistics Canada, 2021

Economy

20 · Below average
Median household income$67,000

NB: $70,000 · Canada: $84,000 · 2006: $53,667 · 2016: $64,964 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.1%

NB: 3.8% · Canada: 5.2% · 2016: -6.9% · Statistics Canada, 2021

Unemployment rate21.7%

NB: 10.3% · Canada: 10.3% · 2006: 17.8% · 2016: 18.9% · 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.