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Burk's Falls, ON

Full City Profile · Ontario

2.4 /5.0
C Fair
957 Population 803/sq mi density
$54,400 Median Income $37,700 per capita
$324,000 Home Value
$780 Median Rent 19.6% income on rent
40°F Avg Temperature 263 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$54,400 median income, 11.0% unemployment
B
Affordability
3.3 / 5.0
$324,000 home value, $780/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher

Housing Overview

Median Home Value
$324,000
15% above
US avg: $281,900
Median Rent
$780/mo
33% below
US avg: $1,163/mo
Homeownership Rate
61.3%
6% below US avg (65.4%)
Total Housing Units
465

Ownership vs. Renting

61.3%
Owner-Occupied
38.7%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Homeownership Rate
61.3%

Complete Housing Data

Home Values

Census Median Value$324,000

Rent

Census Median Rent$780

Market

Ownership & Stock

Owner-Occupied61.3%
Renter-Occupied38.7%
Homeownership Rate61.3%
Total Housing Units465
Rent Burden19.6%