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Arctic Bay, NU
Full City Profile · Nunavut
2.9
/5.0
C+
Fair
994
Population
11/sq mi density
$103,000
Median Income
$43,400 per capita
$150,000
Home Value
$186
Median Rent
4.7% income on rent
7°F
Avg Temperature
319 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$103,000 median income, 27.9% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $186/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.1 / 5.0
1.7% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$186/mo
84% below
US avg: $1,163/mo
Homeownership Rate
11.4%
83% below US avg (65.4%)
Total Housing Units
220
Ownership vs. Renting
11.4%
Owner-Occupied
88.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
4.7%
of renters spending 30%+ of income on housing
85% below US avg (31.0%)
Homeownership Rate
11.4%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $186 |
Market
Ownership & Stock
| Owner-Occupied | 11.4% |
| Renter-Occupied | 88.6% |
| Homeownership Rate | 11.4% |
| Total Housing Units | 220 |
| Rent Burden | 4.7% |