Cavan Monaghan, ON

Ontario

Cavan Monaghan is a small city in Ontario with a population of 10,016. Residents earn $110,000 per year, which is 46% above the national average.

3.0 /5.0
B Good
10,016 Population 85/sq mi density
$110,000 Median Income $59,850 per capita
$700,000 Home Value
$1,190 Median Rent 13.8% income on rent
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$110,000 median income, 9.2% unemployment
B
Affordability
3.1 / 5.0
$700,000 home value, $1,190/mo rent
C
Education
2.1 / 5.0
13.5% bachelor's degree or higher
Median Income $110,000
46% higher than US avg
Home Value $700,000
148% higher than US avg
Bachelor's+ 13.5%
60% lower than US avg
Median Rent $1,190
2% higher than US avg
Unemployment 9.2%
156% higher than US avg
Poverty Rate 5.5%
56% lower than US avg

How Cavan Monaghan Compares to the U.S. Average (100% = U.S. avg)

People

Population10,016
Median Age44.8 yrs
Density85/mi²
Male / Female50% / 50%
Largest GroupWhite 95%

Economy

B+
Median Income$110,000
Per Capita$59,850
Unemployment9.2%
Poverty5.5%
Commute31 min

Housing

B
Home Value$700,000
Rent$1,190
OwnershipN/A
Housing Units3,550
Rent Burden13.8%

Climate

Avg TempN/A
Elevation738 ft (225 m)

Education

C
Bachelor's+13.5%
High School+26.4%
Graduate+4.3%

Community

Commute31 min

Is Cavan Monaghan a Good Place to Live?

Based on current data, Cavan Monaghan receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Cavan Monaghan offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Cavan Monaghan is $110,000, which is significantly higher than the national average — 46% above $75,149. This places Cavan Monaghan among higher-income communities. At 9.2%, unemployment is notably high. Only 5.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 31 minutes.

Cost of Living & Housing

The median home value in Cavan Monaghan is $700,000, making it a premium housing market at 148% above the U.S. median of $281,900. Renters pay a median of $1,190 per month. The price-to-income ratio of 6.4x means housing costs are stretched relative to local earnings.

Education

13.5% of residents hold a bachelor's degree, below the national average of 33.7%. 26.4% have completed high school.

Cavan Monaghan has a population of 10,016 with a density of 85 people per square mile. The median age is 44.8 years, 15% older than the national median of 38.9. The city is predominantly White (94.7%), with 1.9% Black, 2.8% Asian.

Population

10,016
Total Population
85
People / sq mi
44.8yrs
Median Age
15% above US avg
118.3mi²
Land Area

Gender Distribution

Male 49.6%
Female 50.3%

Race & Ethnicity

Cavan Monaghan vs U.S. Average

Language Spoken at Home

English Only93.6%
19% above US avg
Spanish1.1%
92% below US avg
Other Languages5.4%

Social Characteristics

Cavan Monaghan vs U.S. Average

The median household income in Cavan Monaghan is $110,000, which is 46% above the national average of $75,149. The unemployment rate is 9.2% (above the 3.6% US average). 5.5% of residents live below the poverty line. Workers commute an average of 31 minutes.

Income: Cavan Monaghan vs U.S.

Commute Mode

Income

Median HH Income$110,000
46% above US avg
Per Capita Income$59,850

Employment & Poverty

Unemployment9.2%
156% above US avg
Poverty Rate5.5%
56% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time31.0 min
Drive Alone89.5%
Public Transit0.0%
Work from Home33.8%

Walkability

The median home value in Cavan Monaghan is $700,000, 148% above the national average. Monthly rent averages $1,190 (2% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$700,000
148% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,190
2% above US avg
Rent Burden13.8%

Ownership & Property

Owner-Occupied91.4%
Renter-Occupied8.7%
Housing Units3,550

Property Tax

13.5% of residents hold a bachelor's degree or higher (60% below US avg).

Education

Bachelor's Degree+13.5%
60% below US avg
High School+26.4%
Graduate Degree+4.3%
C Education Grade (2.1/5.0)

Urban-Rural Classification

Population Density85/sq mi
Total Area118.3 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute31.0 min
Drive Alone89.5%
Public Transit0.0%
Work from Home33.8%

Nearby Cities

Millbrook, ON 1,695 pop · 3.0 mi Omemee, ON 1,323 pop · 8.7 mi Peterborough, ON 83,651 pop · 10.7 mi Port Hope, ON 17,294 pop · 12.5 mi Otonabee-South Monaghan, ON 7,087 pop · 13.1 mi Lindsay, ON 20,354 pop · 17.1 mi Kawartha Lakes, ON 79,247 pop · 17.9 mi Clarington, ON 101,427 pop · 19.0 mi Curve Lake First Nation 35, ON 1,244 pop · 19.4 mi Lakefield, ON 2,753 pop · 19.5 mi Selwyn, ON 18,653 pop · 20.4 mi Scugog, ON 21,581 pop · 21.0 mi Bowmanville, ON 39,371 pop · 21.7 mi Alnwick/Haldimand, ON 7,473 pop · 21.9 mi
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