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Arviat, NU
Full City Profile · Nunavut
3.0
/5.0
B
Good
2,864
Population
59/sq mi density
$105,000
Median Income
$43,080 per capita
$250,000
Home Value
$166
Median Rent
2.4% income on rent
16°F
Avg Temperature
315 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$105,000 median income, 18.0% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $166/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.2 / 5.0
3.1% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$166/mo
86% below
US avg: $1,163/mo
Homeownership Rate
19.7%
70% below US avg (65.4%)
Total Housing Units
635
Ownership vs. Renting
19.7%
Owner-Occupied
80.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
2.4%
of renters spending 30%+ of income on housing
92% below US avg (31.0%)
Homeownership Rate
19.7%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $166 |
Market
Ownership & Stock
| Owner-Occupied | 19.7% |
| Renter-Occupied | 80.3% |
| Homeownership Rate | 19.7% |
| Total Housing Units | 635 |
| Rent Burden | 2.4% |