Last report update for Carp: Tuesday, May 13, 2008
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Related Links:
Almonte
Arnprior
Braeside
Carleton Place
Kanata
Kinburn
Lanark
Mcnab
Pakenham
Sharbot Lake

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Carp Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Carp

Year Year to Year
Comparison
** National
Contribution
2007: 12.50% 0.00%
2006: 25.00% 0.01%
2005: 37.50% 0.01%
2004: 12.50% 0.00%
2003: 12.50% 0.00%

Note: ** Total national contribution of Carp mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
200:  WHEATLEY, ON 0.030%
201:  POWASSAN, ON 0.030%
202:  HOLLAND LANDING, ON 0.026%
203:  AYR, ON 0.026%
204:  EMBRUN, ON 0.026%
205:  CARP, ON 0.026%
206:  MOUNT HOPE, ON 0.026%
207:  STAYNER, ON 0.026%
208:  DORCHESTER, ON 0.026%
209:  FOREST, ON 0.026%
210:  CAMPBELLVILLE, ON 0.026%

Nearest Settlements


1Kanata, Ontario
2Pakenham, Ontario
3Almonte, Ontario
4Carleton Place, Ontario
5Kinburn, Ontario
6Lanark, Ontario
7Arnprior, Ontario
8Sharbot Lake, Ontario
9Mcnab, Ontario
10Braeside, Ontario
11Tamworth, Ontario
12Stittsville, Ontario
13Nepean, Ontario
14Westport, Ontario
15Burnstown, Ontario


Product Popularity for Carp


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 25.0%
No Money Down: 25.0%
Renewal: 12.5%
Qualification: 12.5%
Investment: 12.5%
First-time Buyer: 12.5%
 
Total Application Types Found: 6
 Carp Mortgage Product Popularity Pie Chart

Age Demographics for Carp Applicants

Average age: 40
Oldest age: 63
Youngest age: 23


Incomes for Carp Applicants

The information below represents the average income of people living in Carp who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Carp: $85,217.38
applicants within all of Canada: $56,384.30
Difference: $28,833.08
  

Since the average income of Carp is notability higher than the national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Carp: $58,500.00
applicants within all of Canada: $56,384.30
Difference: $2,115.70

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans were used.

Residential Status for Carp Mortgage Applicants

The pie chart below shows the residential status of people living in Carp who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 12.5%
Own: 62.5%
Live with parents: 25.0%
Carp Residential Status Pie Chart

Marital Statistics for Carp Mortgage Applicants

The information below shows the marital status of applicants from Carp, Ontario using the preapproval application found at canequity.com. In Carp, approximately 62% of the mortgage applicants are either married or living common-law, while only 37% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 25.0%
Separated: 12.5%
Common-law: 12.5%
Carp Marital Status Pie Chart