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Greater Moncton Dashboard

Data refers to the Southeast New Brunswick region unless otherwise specified. Southeast New Brunswick includes Westmorland, Albert, and Kent counties.

Population

231,476

+2.0% YOY

2021 | Statistics Canada

Median age

44.8 Years

2021 | Statistics Canada

Total population increase**

4,515

2021 | Statistics Canada 

Permanent Resident Admission*

645

+111% YOY

Q2 2022 | IRCC

  • Southeast New Brunswick had record population growth in 2021, driven by immigration and record-setting interprovincial migration.

  • Dieppe was the fastest-growing Atlantic Canadian municipality from 2016-2021 according to the 2021 Census. Moncton was the 2nd fastest-growing municipality.

  • Sackville and Shediac were among the fastest-growing towns in New Brunswick from 2016-2021.

  • Permanent resident admissions to the Greater Moncton CMA surpassed pre-COVID levels in 2021

  • The regional population’s median age has climbed over the past 10 years but has leveled off recently.

*Greater Moncton CMA: indicates number of permanent residents admitted to Canada with Greater Moncton as their CMA of intended destination
** 2020/2021 represents July 2020-June 2021

Unemployment rate

5.7%

-1.6% YOY

August 2022 | Statistics Canada

Labour force participation rate

63.4%

-4.3% YOY

August 2022 | Statistics Canada

Minimum wage

$12.75

/ hour

2022 | GNB

Median Total Income – Couples

$91,000

+0.25% YOY

2021 | Statistics Canada

Public College Enrolment*
Total

2,105

+8.8% YOY

2019-2020 | NBCC, CCNB

Public University Enrolment*
Total

6,428

+2.2% YOY

2020-2021 | MPHEC

Public University Enrolment*
International Students

960

-0.7% YOY

2020-2021 | MPHEC

Bilingual Population
(English/French)

49.5%

2021 | Statistics Canada

Working-Aged Population with
Post-Secondary Education

63.7%

2016 | Statistics Canada

Job
Postings†

8,252

+165.3% YOY

Q2 2022 | Vicinity Jobs

  • The Southeast region reached record employment in September 2021.

  • The labour force size has grown faster than employment during the pandemic, causing an increase in the unemployment rate.

  • Median incomes for all Census family types have trended upwards since 2011.

  • The median couple family earns over $90,000 per year, while the median “not in Census family” (i.e., people who live alone) earns over $30,000 per year.

  • The minimum hourly wage in New Brunswick is $12.75, set to rise to $13.75 in October 2022.

  • Public university enrolment declined from 2013 to 2018, but increased from 2018-2022.

  • Public college enrolment has increased by about 20% over the past five years.

  • As of the 2016 Census, 63.7% of the region’s working-aged population held a post-secondary degree or diploma.

  • Job postings declined in 2020, likely due to the COVID-19 pandemic.

  • In 2021, job postings returned to their pre-COVID levels.

  • The plurality of job postings are for sales and service occupations, and business, finance and related occupations.

*Mount Allison University and Université de Moncton, campus de Moncton
nbjobs.ca/stats/hiringdemand/southeast

Building permit values – non-residential*†

$6,242,000

-50.27% YOY

July 2022 | Statistics Canada

Building permit values
– residential*†

$38,978,000

-23.98% YOY

July 2022 | Statistics Canada

Vacancy rates –
commercial*

12.3%

+1.8% YOY

Q2 2022 | Cushman Wakefield

Vacancy rates –
residential*

1.5%

-1.2% YOY

2021 | CMHC

Rent –
commercial*

$25.66/psf

2.4% YOY

Q2 2022 | Cushman Wakefield

Average apartment rent
– residential*

$991/month

+10.6% YOY

2021 | CMHC

Housing
starts*

327

+57.97% YOY

August 2022 | CMHC

AVERAGE
HOME PRICE*

$327,300

+23.4% YOY

August 2022 | CREA

*Greater Moncton CMA
† Represented in thousands

  • Housing prices in the Greater Moncton CMA have increased nearly 40% since last year.

  • Housing in the region remains affordable relative to many other Canadian cities, including Halifax, Montreal, and Toronto.

  • The region had record housing starts in 2020 and 2021 (see below), which may ease housing supply shortages.

  • Residential rent in the Greater Moncton CMA increased nearly 11% from 2020 to 2021.

  • Vacancy rates were extremely small in 2021, with 3-bedroom units having 0% vacancy.

  • Over half of housing starts from 2019 to 2021 were apartment units. Record-setting, high-density housing starts may ease rental supply shortages.

*New and existing structures of three units and over.

Active Businesses*

3,997

+2.32% YOY

May 2022 | Statistics Canada

Net monthly business openings/closures*†

6 net openings

May 2022 | Statistics Canada

GDP*

$32.9 billion

+1.8% YOY

2022 | Conference Board of Canada

International Export value*

$409.9 million

-23.8% YOY

2021 | Statistics Canada

Top industries by employment

Wholesale and retail trade

16.3%

2016 | Statistics Canada

Health care and social assistance

15.4%

2016 | Statistics Canada

Manufacturing

7.8%

2016 | Statistics Canada

Top occupations by employment

Sales and service
occupations

28.8%

2016 | Statistics Canada

Business, finance and
administration occupations

16.2%

2016 | Statistics Canada

Trades, transport and equipment operators
and related occupations

13.8%

2016 | Statistics Canada

  • The number of active businesses in Greater Moncton declined in 2020 but recovered in 2021.

  • International export value from the Greater Moncton CMA increased by 50% from 2019 to 2020.

  • The increase in overall exports was driven by an increase in manufacturing exports.

  • The number of exporting establishments increased from 130 to 139.

  • 18,500 Southeast New Brunswick residents are employed in healthcare and social assistance.

*Greater Moncton CMA
† Experimental data – interpret with caution.
Net business openings indicates business openings minus business closures. Business closures indicates the number of businesses that previously had a positive number of employees and now have zero employees. Closures are not necessarily permanent.

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