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Algoma, Unorganized, North Part, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
6,050
Population
0/sq mi density
$76,500
Median Income
$46,800 per capita
$250,000
Home Value
$765
Median Rent
8.0% income on rent
36°F
Avg Temperature
261 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$76,500 median income, 15.5% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $765/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$765/mo
34% below
US avg: $1,163/mo
Homeownership Rate
95.0%
45% above US avg (65.4%)
Total Housing Units
2,775
Ownership vs. Renting
95.0%
Owner-Occupied
5.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.0%
of renters spending 30%+ of income on housing
74% below US avg (31.0%)
Homeownership Rate
95.0%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $765 |
Market
Ownership & Stock
| Owner-Occupied | 95.0% |
| Renter-Occupied | 5.1% |
| Homeownership Rate | 95.0% |
| Total Housing Units | 2,775 |
| Rent Burden | 8.0% |