Greater Moncton Dashboard

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

Population

242,720

+4.7% YOY

2022 estimate | Statistics Canada

Median age

43.7 Years

2021 | Statistics Canada

Total population increase**

10,893

2021 | Statistics Canada 

Permanent Resident Admission*

1,010

8.6% YOY

Q4 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

7.1%

-16.47% YOY

January 2023 | Statistics Canada

Labour force participation rate

62.7%

-0.79% YOY

January 2022 | Statistics Canada

Minimum wage

$13.75

/ 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

6,484

+0.7% YOY

2021-2022 | MPHEC

Public University Enrolment*
International Students

1,031

6.9% YOY

2021-2022 | MPHEC

Bilingual Population
(English/French)

49.5%

2021 | Statistics Canada

Working-Aged Population with
Post-Secondary Education

63.7%

2016 | Statistics Canada

Job
Postings†

5,916

+11.66% YOY

Q4 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*†

$11,218,000

-15.39% YOY

January 2023 | Statistics Canada

Building permit values
– residential*†

$16,493,000

+12.87% YOY

January 2023 | Statistics Canada

Vacancy rates –
commercial*

13.4%

+1.6% YOY

Q4 2022 | Cushman Wakefield

Vacancy rates –
residential*

2.0%

+0.5% YOY

2022 | CMHC

Rent –
commercial*

$25.75/psf

2.5% YOY

Q4 2022 | Cushman Wakefield

Average apartment rent
– residential*

$1302/month

+12.8% YOY

October 2022 | CMHC

Housing
starts*

19

-26.9% YOY

January 2023 | CMHC

AVERAGE
HOME PRICE*

$303,600

+3.2% YOY

January 2023 | 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*

3,974

0.25% YOY

November 2022 | Statistics Canada

Net monthly business openings/closures*†

-21 net closures

November 2022 | Statistics Canada

GDP*

$8.36 billion

+2.42% YOY

Q4 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

17.5%

2022 | Statistics Canada

Health care and social assistance

15.0%

2022 | Statistics Canada

Public Administration

9.2%

2022 | Statistics Canada

Top occupations by employment

Sales and service
occupations

26.3%

2022 | Statistics Canada

Business, finance and
administration occupations

16.6%

2022 | Statistics Canada

Trades, transport and equipment operators
and related occupations

15.2%

2022 | 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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