McMasterville

Expert Debt Solutions & Consumer Proposals

_{McMasterville, debt relief, Quebec}

McMasterville, Quebec, is a small town with a population of about 5,940, featuring a mix of families and seniors. The local economy is tied to agriculture and manufacturing, but residents face financial challenges due to high housing costs and expenses related to childcare and healthcare. Many struggle with financial stability, highlighting the need for debt relief solutions in the community.

City: McMasterville
Province/Territory: Quebec (QC), Canada
Est. Population: 5,936

Financial Challenges

Living in McMasterville can be hard for people who are having money problems. The cost of renting or buying a home might be high because many people live close together. Families with children have to pay for things like daycare and schools, which can use up a lot of money.

Older people might find it difficult to manage their expenses because they live on fixed incomes and need to pay for healthcare. Finding good jobs can also be a challenge, especially if someone doesn’t speak both French and English. All these factors make it tough for people in McMasterville to keep their finances stable.

Debt Relief Solutions Available

_{*Illustration of McMasterville, Quebec}

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

_{The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.}

Areas / Neighbourhoods

• Le Vieux-McMasterville
  This historic part of McMasterville features charming architecture, with many buildings reflecting the town’s heritage. The area is known for its quaint streets and community events, making it a popular spot for both residents and visitors.

• Quartier des Jaunes
  This vibrant neighborhood is characterized by its family-friendly atmosphere and abundance of parks. It’s a great area for outdoor activities and features many recreational facilities, enhancing the community spirit.

• Le Parc des Érables
  Known for its expansive green spaces and walking trails, this area serves as a central recreational hub in McMasterville. Families often gather here for picnics, sports, and community events, increasing its popularity among locals.

• Les Jardins de McMasterville
  A more modern residential area that offers various housing options, including townhomes and single-family residences. This neighborhood appeals to younger families and professionals due to its proximity to amenities and services.

• McMasterville Centre
  The commercial heart of the town, featuring shops, restaurants, and services. This area attracts both locals and visitors looking for shopping and dining options, making it a bustling part of the community.

_{Illustration of McMasterville, Quebec, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in McMasterville, Canada to help understand the financial requirements for different living situations.

_{The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.}

Top Questions

1. What is the average cost of living in McMasterville, Quebec?
2. How does McMasterville’s cost of housing compare to nearby cities?
3. What are the primary sources of income for residents in McMasterville?
4. What financial assistance programs are available for residents facing economic challenges in McMasterville?
5. How has the economic outlook for McMasterville changed in recent years?
6. What are the typical financial challenges faced by families living in McMasterville?
7. How do utility costs in McMasterville impact the overall cost of living?
   

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Located in the Montérégie region of Quebec, this small town has a population of about 5,940 people, with a median age of 42.1 years. The community is characterized by a significant number of families and seniors, with nearly 20% of residents being over 65 years old. The area is known for its strong local identity, with many residents actively engaging in community events and recreational activities. The town features several parks and green spaces, making it a pleasant place for outdoor activities. Additionally, it is well-connected to nearby cities, allowing easy access to various services and amenities. The local economy has ties to agriculture and manufacturing, reflective of the broader Montérégie region’s economic landscape.