Core Housing Need

Income, Shelter Cost and STIR

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Moncton — Incomes and Shelter Costs (Households in Core Housing Need)

	Average Household Income Before Taxes	Average Monthly Shelter Costs	Median Household Income Before Taxes	Median Monthly Shelter Costs
Moncton	22,960	868	22,800	850
Central Moncton	22,120	850	22,200	850
West Moncton	22,500	872	22,200	890
East Moncton	23,200	868	22,600	840
North Moncton	24,200	936	23,400	910
Riverview	23,300	908	23,000	900
Dieppe City	22,700	964	23,000	920
Remainder of CMA	22,600	672	22,800	650

Notes:

Data include all non-farm, non-band, non-reserve private households reporting positive incomes and shelter cost-to-income ratios less than 100 per cent.
A household is in core housing need if its housing does not meet one or more standards for housing adequacy (repair), suitability (crowding), or affordability and if it would have to spend 30 per cent or more of its before-tax income to pay the median rent (including utilities) of appropriately sized alternative local market housing. Adequate housing does not require any major repairs, according to residents. Suitable housing has enough bedrooms for the size and make-up of resident households. Affordable housing costs less than 30 per cent of before-tax household income.
For renters, shelter costs include, as applicable, rent and payments for electricity, fuel, water and other municipal services. For owners, shelter costs include, as applicable, mortgage payments (principal and interest), property taxes, condominium fees, and payments for electricity, fuel, water and other municipal services.
STIR = Shelter-cost-to-income ratio (based on annual shelter costs and household income before taxes).