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Baker Lake, NU

Full City Profile · Nunavut

3.0 /5.0
B Good
2,061 Population 30/sq mi density
$105,000 Median Income $51,800 per capita
$300,000 Home Value
$218 Median Rent 7.0% income on rent
11°F Avg Temperature 317 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$105,000 median income, 27.3% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $218/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher

Housing Overview

Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$218/mo
81% below
US avg: $1,163/mo
Homeownership Rate
17.4%
73% below US avg (65.4%)
Total Housing Units
575

Ownership vs. Renting

17.4%
Owner-Occupied
83.5%
Renter-Occupied
17%
83%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
7.0%
of renters spending 30%+ of income on housing
78% below US avg (31.0%)
Homeownership Rate
17.4%

Complete Housing Data

Home Values

Census Median Value$300,000

Rent

Census Median Rent$218

Market

Ownership & Stock

Owner-Occupied17.4%
Renter-Occupied83.5%
Homeownership Rate17.4%
Total Housing Units575
Rent Burden7.0%