Is Deer Lake a Good Place to Live?
Based on current data, Deer Lake receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include affordable housing, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate. Deer Lake has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Deer Lake is $62,400, 17% below the national average of $75,149. At 16.7%, unemployment is notably high. The poverty rate of 18.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Deer Lake is $220,000, 22% below the national median — offering relatively affordable homeownership. Renters pay a median of $820 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.5x indicates a reasonably affordable housing market.
Education
6.1% of residents hold a bachelor's degree, below the national average of 33.7%. 33.4% have completed high school.
Climate & Weather
Deer Lake has a cool climate with an average annual temperature of 42°F. Winters average 25°F in January while summers reach 68°F in July. With 168 sunny days, the area sees less sunshine than many U.S. cities. Annual precipitation totals 56.1 inches, including 96.4 inches of snow. Air quality is rated Good with a median AQI of 27.