All Countries
Cavan Monaghan, ON
Full City Profile · Ontario
Cavan Monaghan, ON
At a Glance
How Cavan Monaghan Compares to the U.S. Average
Each bar shows Cavan Monaghan's value as a percentage of the national average (100% = U.S. avg)
Is Cavan Monaghan a Good Place to Live?
Economy & Jobs
Cavan Monaghan residents earn a median household income of $110,000 , which is 46% above the national average of $75,149. Per capita income is $59,850. The unemployment rate stands at 9.2% (156% above the U.S. rate of 3.6%). 5.5% of residents live below the poverty line. The area is home to 310 business establishments.
Housing & Cost of Living
The median home value in Cavan Monaghan is $700,000 , 148% above the national median of $281,900. Median rent is $1,190/month, with 13.8% of renters spending more than 30% of income on housing.
Education
13.5% of adults in Cavan Monaghan hold a bachelor's degree or higher (60% below the national average). 26.4% have completed high school.
Climate & Weather
Cavan Monaghan has an average annual temperature of 43°F (6°C). Winters average 16°F in January while summers reach 68°F in July. The area gets 271 sunny days per year. Annual precipitation totals 35.9 inches.