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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Richmond, Subd. B, with comparisons and sources.

Affordability

66 · Good
Average monthly rent$670/month

NS: $1,083/month · Canada: $1,209/month · 2006: $614/month · 2016: $690/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$174,000

NS: $250,000 · Canada: $472,000 · 2016: $137,905 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.5%

NS: 17.9% · Canada: 20.9% · 2006: 12.9% · 2016: 15.1% · Statistics Canada, 2021

Economy

36 · Below average
Median household income$59,600

NS: $71,500 · Canada: $84,000 · 2006: $49,717 · 2016: $54,713 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.5%

NS: 5% · Canada: 5.2% · 2016: -3.9% · Statistics Canada, 2021

Unemployment rate23.6%

NS: 12.7% · Canada: 10.3% · 2006: 21.7% · 2016: 22.3% · Statistics Canada, 2021

Sources

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