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Arctic Bay, NU
Full City Profile · Nunavut
Arctic Bay, NU
At a Glance
How Arctic Bay Compares to the U.S. Average
Each bar shows Arctic Bay's value as a percentage of the national average (100% = U.S. avg)
Is Arctic Bay a Good Place to Live?
Economy & Jobs
Arctic Bay residents earn a median household income of $103,000 , which is 37% above the national average of $75,149. Per capita income is $43,400. The unemployment rate stands at 27.9% (675% above the U.S. rate of 3.6%). 20.6% of residents live below the poverty line. The area is home to 31 business establishments.
Housing & Cost of Living
The median home value in Arctic Bay is $150,000 , 47% below the national median of $281,900. Median rent is $186/month, with 4.7% of renters spending more than 30% of income on housing.
Education
1.7% of adults in Arctic Bay hold a bachelor's degree or higher (95% below the national average). 17.0% have completed high school.
Climate & Weather
Arctic Bay has an average annual temperature of 7°F (-14°C). Winters average -22°F in January while summers reach 42°F in July. The area gets 319 sunny days per year. Annual precipitation totals 9.4 inches.