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AreaScore

Housing and jobs

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

Affordability

61 · Good
Average monthly rent$934/month

NB: $870/month · Canada: $1,209/month · 2006: $872/month (estimated) · 2016: $956/month (in 2021 dollars) · Statistics Canada, 2021

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

NB: $180,000 · Canada: $472,000 · 2016: $232,453 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing6.6%

NB: 12.9% · Canada: 20.9% · 2006: 11.5% (estimated) · 2016: 11% · Statistics Canada, 2021

Economy

54 · Average
Median household income$91,000

NB: $70,000 · Canada: $84,000 · 2006: $84,398 (estimated) · 2016: $83,406 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.9%

NB: 3.8% · Canada: 5.2% · 2016: 3.3% · Statistics Canada, 2021

Unemployment rate4.6%

NB: 10.3% · Canada: 10.3% · 2006: 4.3% (estimated) · 2016: 6.4% · Statistics Canada, 2021

Sources

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