Is Candle Lake a Good Place to Live?
Based on current data, Candle Lake receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate, strong internet connectivity. Areas to be aware of include high housing costs, above-average unemployment. Candle Lake offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Candle Lake is $90,000, 20% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 11.1%, unemployment is notably high. Only 5.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Candle Lake is $400,000, 42% above the national median. Renters pay a median of $840 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.4x indicates a reasonably affordable housing market.
Education
11.2% of residents hold a bachelor's degree, below the national average of 33.7%. 29.4% have completed high school.
Climate & Weather
Candle Lake has a cool climate with an average annual temperature of 33°F. Winters average -1°F in January while summers reach 62°F in July. With 303 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 17.9 inches. Air quality is rated Good with a median AQI of 27.