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AreaScore

Housing and jobs

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

Affordability

81 · Excellent
Average monthly rent$700/month

NB: $870/month · Canada: $1,209/month · 2006: $365/month · 2016: $602/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$662/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,132/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$160,000

NB: $180,000 · Canada: $472,000 · 2016: $132,497 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing6.3%

NB: 12.9% · Canada: 20.9% · 2006: 10.8% · 2016: 11.3% · Statistics Canada, 2021

Economy

16 · Poor
Median household income$71,500

NB: $70,000 · Canada: $84,000 · 2006: $52,365 · 2016: $70,999 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.7%

NB: 3.8% · Canada: 5.2% · 2016: -7.6% · Statistics Canada, 2021

Unemployment rate14.3%

NB: 10.3% · Canada: 10.3% · 2006: 14.1% · 2016: 18.7% · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.