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AreaScore

Housing and jobs

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

Affordability

28 · Below average
Average monthly rent$1,100/month

ON: $1,408/month · Canada: $1,209/month · 2006: $709/month · 2016: $942/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$800,000

ON: $700,000 · Canada: $472,000 · 2016: $483,629 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing11%

ON: 24.2% · Canada: 20.9% · 2006: 14.4% · 2016: 16.3% · Statistics Canada, 2021

Economy

63 · Good
Median household income$119,000

ON: $91,000 · Canada: $84,000 · 2006: $92,921 · 2016: $105,179 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0.5%

ON: 5.8% · Canada: 5.2% · 2016: 5.1% · Statistics Canada, 2021

Unemployment rate3.9%

ON: 12.2% · Canada: 10.3% · 2006: 2.8% · 2016: 2.3% · Statistics Canada, 2021

Sources

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