Severn
Town · Ontario · Population 14,576
Housing and jobs
Housing costs, rents, incomes and jobs in Severn, with comparisons and sources.
Affordability
Average monthly rent$1,072/month
ON: $1,408/month · Canada: $1,209/month · 2006: $945/month · 2016: $1,045/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$650,000
ON: $700,000 · Canada: $472,000 · 2016: $364,609 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing13.4%
ON: 24.2% · Canada: 20.9% · 2006: 25.3% · 2016: 22.1% · Statistics Canada, 2021
Economy
Median household income$94,000
ON: $91,000 · Canada: $84,000 · 2006: $73,798 · 2016: $83,335 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)8.3%
ON: 5.8% · Canada: 5.2% · 2016: 8.9% · Statistics Canada, 2021
Unemployment rate10.5%
ON: 12.2% · Canada: 10.3% · 2006: 5.4% · 2016: 7% · Statistics Canada, 2021