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Factory Island 1, ON
Full City Profile · Ontario
2.4
/5.0
C
Fair
1,376
Population
1,097/sq mi density
$75,500
Median Income
$35,800 per capita
$461,770
Home Value
$1,012
Median Rent
29.9% income on rent
31°F
Avg Temperature
288 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$75,500 median income, 16.0% unemployment
B
Affordability
3.2 / 5.0
$461,770 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.5% bachelor's degree or higher
Housing Overview
Median Home Value
$461,770
64% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
22.8%
65% below US avg (65.4%)
Total Housing Units
395
Ownership vs. Renting
22.8%
Owner-Occupied
11.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Homeownership Rate
22.8%
Complete Housing Data
Home Values
| Census Median Value | $461,770 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 22.8% |
| Renter-Occupied | 11.4% |
| Homeownership Rate | 22.8% |
| Total Housing Units | 395 |
| Rent Burden | 29.9% |