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Housing and jobs

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

Affordability

75 · Good
Average monthly rent$760/month

NB: $870/month · Canada: $1,209/month · 2006: $796/month · 2016: $0/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$838/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,001/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,290/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,283/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.1.5%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$174,000

NB: $180,000 · Canada: $472,000 · 2016: $176,309 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7.5%

NB: 12.9% · Canada: 20.9% · 2006: 13.5% · 2016: 8% · Statistics Canada, 2021

Economy

58 · Average
Median household income$83,000

NB: $70,000 · Canada: $84,000 · 2006: $62,382 · 2016: $75,214 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.7%

NB: 3.8% · Canada: 5.2% · 2016: -6.9% · Statistics Canada, 2021

Unemployment rate9.1%

NB: 10.3% · Canada: 10.3% · 2006: 10% · 2016: 7.9% · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.