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AreaScore

Housing and jobs

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

Affordability

25 · Below average
Average monthly rent$1,180/month

ON: $1,408/month · Canada: $1,209/month · 2006: $709/month (estimated) · 2016: $970/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$600,000

ON: $700,000 · Canada: $472,000 · 2016: $327,474 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing12.6%

ON: 24.2% · Canada: 20.9% · 2006: 19.5% (estimated) · 2016: 16.1% (estimated) · Statistics Canada, 2021

Economy

58 · Average
Median household income$95,000

ON: $91,000 · Canada: $84,000 · 2006: $79,620 (estimated) · 2016: $85,580 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.9%

ON: 5.8% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate6.7%

ON: 12.2% · Canada: 10.3% · 2006: 3.4% (estimated) · 2016: 3.3% (estimated) · Statistics Canada, 2021

Sources

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