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AreaScore

Housing and jobs

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

Affordability

84 · Excellent
Average monthly rent$620/month

NB: $870/month · Canada: $1,209/month · 2006: $654/month · 2016: $697/month (in 2021 dollars) · Statistics Canada, 2021

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

NB: $180,000 · Canada: $472,000 · 2016: $110,114 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing8.4%

NB: 12.9% · Canada: 20.9% · 2006: 16.7% · 2016: 12.2% · Statistics Canada, 2021

Economy

40 · Average
Median household income$67,000

NB: $70,000 · Canada: $84,000 · 2006: $57,342 · 2016: $61,639 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0.2%

NB: 3.8% · Canada: 5.2% · 2016: -2.2% · Statistics Canada, 2021

Unemployment rate8.3%

NB: 10.3% · Canada: 10.3% · 2006: 8.3% · 2016: 12.6% · Statistics Canada, 2021

Sources

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