All Countries
Elliot Lake, ON
Full City Profile · Ontario
Elliot Lake, ON
At a Glance
How Elliot Lake Compares to the U.S. Average
Each bar shows Elliot Lake's value as a percentage of the national average (100% = U.S. avg)
Is Elliot Lake a Good Place to Live?
Economy & Jobs
Elliot Lake residents earn a median household income of $50,000 , which is 33% below the national average of $75,149. Per capita income is $36,920. The unemployment rate stands at 16.5% (358% above the U.S. rate of 3.6%). 20.0% of residents live below the poverty line. The area is home to 353 business establishments.
Housing & Cost of Living
The median home value in Elliot Lake is $150,000 , 47% below the national median of $281,900. Median rent is $800/month, with 19.9% of renters spending more than 30% of income on housing.
Education
7.7% of adults in Elliot Lake hold a bachelor's degree or higher (77% below the national average). 31.5% have completed high school.
Climate & Weather
Elliot Lake has an average annual temperature of 43°F (6°C). Winters average 21°F in January while summers reach 66°F in July. The area gets 241 sunny days per year. Annual precipitation totals 34.3 inches.