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Cambridge Bay, NU

Full City Profile · Nunavut

3.1 /5.0
B Good
1,760 Population 23/sq mi density
$128,000 Median Income $60,400 per capita
$400,000 Home Value
$452 Median Rent 3.5% income on rent
7°F Avg Temperature 326 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$128,000 median income, 13.3% unemployment
A+
Affordability
4.9 / 5.0
$400,000 home value, $452/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher

Housing Overview

Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$452/mo
61% below
US avg: $1,163/mo
Homeownership Rate
22.6%
65% below US avg (65.4%)
Total Housing Units
575

Ownership vs. Renting

22.6%
Owner-Occupied
76.5%
Renter-Occupied
23%
77%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
3.5%
of renters spending 30%+ of income on housing
89% below US avg (31.0%)
Homeownership Rate
22.6%

Complete Housing Data

Home Values

Census Median Value$400,000

Rent

Census Median Rent$452

Market

Ownership & Stock

Owner-Occupied22.6%
Renter-Occupied76.5%
Homeownership Rate22.6%
Total Housing Units575
Rent Burden3.5%