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Factory Island 1, ON
Full City Profile · Ontario
Factory Island 1, ON
At a Glance
How Factory Island 1 Compares to the U.S. Average
Each bar shows Factory Island 1's value as a percentage of the national average (100% = U.S. avg)
Is Factory Island 1 a Good Place to Live?
Economy & Jobs
Factory Island 1 residents earn a median household income of $75,500 , which is 0% below the national average of $75,149. Per capita income is $35,800. The unemployment rate stands at 16.0% (344% above the U.S. rate of 3.6%). 24.7% of residents live below the poverty line. The area is home to 43 business establishments.
Housing & Cost of Living
The median home value in Factory Island 1 is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 29.9% of renters spending more than 30% of income on housing.
Education
6.5% of adults in Factory Island 1 hold a bachelor's degree or higher (81% below the national average). 22.4% have completed high school.
Climate & Weather
Factory Island 1 has an average annual temperature of 31°F (-0°C). Winters average -5°F in January while summers reach 61°F in July. The area gets 288 sunny days per year. Annual precipitation totals 26.6 inches.