West Elgin
Small town · Ontario · Population 5,060
Housing and jobs
Housing costs, rents, incomes and jobs in West Elgin, with comparisons and sources.
Affordability
Average monthly rent$710/month
ON: $1,408/month · Canada: $1,209/month · 2006: $888/month · 2016: $683/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$400,000
ON: $700,000 · Canada: $472,000 · 2016: $197,937 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing13%
ON: 24.2% · Canada: 20.9% · 2006: 25.6% · 2016: 19.9% · Statistics Canada, 2021
Economy
Median household income$75,500
ON: $91,000 · Canada: $84,000 · 2006: $63,270 · 2016: $63,855 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)1.3%
ON: 5.8% · Canada: 5.2% · 2016: -3.1% · Statistics Canada, 2021
Unemployment rate9.4%
ON: 12.2% · Canada: 10.3% · 2006: 4.4% · 2016: 6.9% · Statistics Canada, 2021