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Housing and jobs

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

Affordability

76 · Good
Average monthly rent$695/month

NB: $870/month · Canada: $1,209/month · 2006: $587/month · 2016: $700/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$150,000

NB: $180,000 · Canada: $472,000 · 2016: $154,672 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.9%

NB: 12.9% · Canada: 20.9% · 2006: 9.2% · 2016: 12.1% · Statistics Canada, 2021

Economy

41 · Average
Median household income$71,000

NB: $70,000 · Canada: $84,000 · 2006: $62,984 · 2016: $65,899 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.6%

NB: 3.8% · Canada: 5.2% · 2016: -1.7% · Statistics Canada, 2021

Unemployment rate7.3%

NB: 10.3% · Canada: 10.3% · 2006: 5.8% · 2016: 7.1% · Statistics Canada, 2021

Sources

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