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Baker Lake, NU
Full City Profile · Nunavut
Baker Lake, NU
At a Glance
How Baker Lake Compares to the U.S. Average
Each bar shows Baker Lake's value as a percentage of the national average (100% = U.S. avg)
Is Baker Lake a Good Place to Live?
Economy & Jobs
Baker Lake residents earn a median household income of $105,000 , which is 40% above the national average of $75,149. Per capita income is $51,800. The unemployment rate stands at 27.3% (658% above the U.S. rate of 3.6%). 17.0% of residents live below the poverty line. The area is home to 64 business establishments.
Housing & Cost of Living
The median home value in Baker Lake is $300,000 , 6% above the national median of $281,900. Median rent is $218/month, with 7.0% of renters spending more than 30% of income on housing.
Education
4.6% of adults in Baker Lake hold a bachelor's degree or higher (86% below the national average). 13.5% have completed high school.
Climate & Weather
Baker Lake has an average annual temperature of 11°F (-12°C). Winters average -26°F in January while summers reach 53°F in July. The area gets 317 sunny days per year. Annual precipitation totals 10.4 inches.