Is Bracebridge a Good Place to Live?
Based on current data, Bracebridge receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Bracebridge has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Bracebridge is $85,000, 13% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 9.9%, unemployment is notably high. 8.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Bracebridge is $600,000, making it a premium housing market at 113% above the U.S. median of $281,900. Renters pay a median of $1,210 per month. With a home price-to-income ratio of 7.1x, housing affordability is a significant challenge for many families.
Education
15.1% of residents hold a bachelor's degree, below the national average of 33.7%. 31.9% have completed high school.
Climate & Weather
Bracebridge experiences four distinct seasons with an average temperature of 46°F. Winters average 25°F in January while summers reach 69°F in July. The area gets 227 sunny days per year. Annual precipitation totals 46.1 inches, including 71.1 inches of snow.