Petit-Lac-Magog

Neighbourhood in Sherbrooke · Quebec · Population 1,590

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Approximate boundaries

Sherbrooke doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Sherbrooke.

Housing and jobs

Housing costs, rents, incomes and jobs in Petit-Lac-Magog, with comparisons and sources.

Affordability

78 · Good

Average monthly rent$730/month

Sherbrooke: $760/month · Canada: $1,209/month · 2006: $812/month (estimated) · 2016: $674/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$712/month

City-wide figure for Sherbrooke · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$905/month

City-wide figure for Sherbrooke · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,062/month

City-wide figure for Sherbrooke · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,375/month

City-wide figure for Sherbrooke · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.2.5%

City-wide figure for Sherbrooke · CMHC, 2025

Median dwelling value (owner-estimated)$414,815

Sherbrooke: $250,000 · Canada: $472,000 · Estimated · 2016: $310,289 (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

Sherbrooke: 16.4% · Canada: 20.9% · 2006: 18.1% (estimated) · 2016: 10.5% (estimated) · Statistics Canada, 2021

Economy

77 · Good

Median household income$96,583

Sherbrooke: $62,400 · Canada: $84,000 · Estimated · 2006: $77,126 (estimated) · 2016: $85,833 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.2%

Canada: 5.2% · City-wide figure for Sherbrooke · Statistics Canada, 2021

Unemployment rate5.3%

Sherbrooke: 6.1% · Canada: 10.3% · 2006: 6.7% (estimated) · 2016: 4% (estimated) · Statistics Canada, 2021