Truro

Town · Nova Scotia · Population 12,954

Housing and jobs

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

40 · Average

Average monthly rent$920/month

NS: $1,083/month · Canada: $1,209/month · 2006: $820/month · 2016: $857/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$796/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,011/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,273/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,753/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$194,000

NS: $250,000 · Canada: $472,000 · 2016: $176,657 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing27%

NS: 17.9% · Canada: 20.9% · 2006: 29.8% · 2016: 32.7% · Statistics Canada, 2021

37 · Below average

Median household income$54,800

NS: $71,500 · Canada: $84,000 · 2006: $47,446 · 2016: $46,858 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.7%

NS: 5% · Canada: 5.2% · 2016: 1.7% · Statistics Canada, 2021

Unemployment rate15.9%

NS: 12.7% · Canada: 10.3% · 2006: 8.8% · 2016: 10.5% · Statistics Canada, 2021