Vernon River

Small town · Prince Edward Island · Population 2,499

Housing and jobs

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

67 · Good

Average monthly rent$780/month

PE: $996/month · Canada: $1,209/month · 2006: $520/month (estimated) · 2016: $216/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$250,000

PE: $300,000 · Canada: $472,000 · 2016: $176,517 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7%

PE: 15.5% · Canada: 20.9% · 2006: 14.6% (estimated) · 2016: 9.7% (estimated) · Statistics Canada, 2021

55 · Average

Median household income$83,000

PE: $73,500 · Canada: $84,000 · 2006: $52,660 (estimated) · 2016: $72,929 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)10.8%

PE: 8% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate11.2%

PE: 10.3% · Canada: 10.3% · 2006: 11.3% (estimated) · 2016: 10.7% (estimated) · Statistics Canada, 2021