Woolwich

Town · Ontario · Population 26,999

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Housing and jobs

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

Affordability

18 · Poor

Average monthly rent$1,320/month

ON: $1,408/month · Canada: $1,209/month · 2006: $932/month · 2016: $1,143/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,255/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,546/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,816/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,861/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.4.2%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$755,000

ON: $700,000 · Canada: $472,000 · 2016: $463,817 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.7%

ON: 24.2% · Canada: 20.9% · 2006: 14.6% · 2016: 14.9% · Statistics Canada, 2021

Economy

74 · Good

Median household income$115,000

ON: $91,000 · Canada: $84,000 · 2006: $98,826 · 2016: $105,091 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8%

ON: 5.8% · Canada: 5.2% · 2016: 8% · Statistics Canada, 2021

Unemployment rate6.2%

ON: 12.2% · Canada: 10.3% · 2006: 3.5% · 2016: 3.2% · Statistics Canada, 2021