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
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-Occupied | 17.4% |
| Renter-Occupied | 83.5% |
| Homeownership Rate | 17.4% |
| Total Housing Units | 575 |
| Rent Burden | 7.0% |
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