Terrace Heights

Neighbourhood in New Glasgow · Nova Scotia · Population 2,098

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Approximate boundaries

New Glasgow 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 New Glasgow.

Housing and jobs

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

Affordability

83 · Excellent

Average monthly rent$818/month

New Glasgow: $826/month · Canada: $1,209/month · 2006: $668/month (estimated) · 2016: $829/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$842/month

City-wide figure for New Glasgow · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,070/month

City-wide figure for New Glasgow · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,291/month

City-wide figure for New Glasgow · CMHC, 2025

Median dwelling value (owner-estimated)$178,676

New Glasgow: $174,000 · Canada: $472,000 · Estimated · 2016: $161,014 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.9%

New Glasgow: 22.9% · Canada: 20.9% · 2006: 15.8% (estimated) · 2016: 24.4% (estimated) · Statistics Canada, 2021

Economy

33 · Below average

Median household income$65,480

New Glasgow: $58,000 · Canada: $84,000 · Estimated · 2006: $59,744 (estimated) · 2016: $57,490 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.4%

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

Unemployment rate11.9%

New Glasgow: 11.9% · Canada: 10.3% · 2006: 5.4% (estimated) · 2016: 8.7% (estimated) · Statistics Canada, 2021