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Faro, YT

Full City Profile · Yukon

3.1 /5.0
B Good
440 Population 6/sq mi density
$78,500 Median Income $50,600 per capita
$150,000 Home Value
$1,100 Median Rent 14.3% income on rent
26°F Avg Temperature 312 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$78,500 median income, 12.5% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $1,100/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher

Faro, YT

At a Glance

Median Income
$78,500
4% above
$50,600 per capita
Home Value
$150,000
47% below
Median Rent
$1,100/mo
5% below
14.3% of income on rent
Bachelor's Degree+
10.0%
70% below
28.6% high school+
Unemployment
12.5%
247% above
14.8% poverty rate
Avg Temperature
26°F
312 sunny days/yr

How Faro Compares to the U.S. Average

Each bar shows Faro's value as a percentage of the national average (100% = U.S. avg)

Income
104%
Home Value
53%
Rent
95%
Poverty
119%
Bachelor's
30%
Unemployment
347%
Thin vertical line = U.S. national average (100%)

Is Faro a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Faro residents earn a median household income of $78,500 , which is 4% above the national average of $75,149. Per capita income is $50,600. The unemployment rate stands at 12.5% (247% above the U.S. rate of 3.6%). 14.8% of residents live below the poverty line. The area is home to 14 business establishments.

Housing & Cost of Living

The median home value in Faro is $150,000 , 47% below the national median of $281,900. Median rent is $1,100/month, with 14.3% of renters spending more than 30% of income on housing.

Education

10.0% of adults in Faro hold a bachelor's degree or higher (70% below the national average). 28.6% have completed high school.

Climate & Weather

Faro has an average annual temperature of 26°F (-3°C). Winters average -4°F in January while summers reach 55°F in July. The area gets 312 sunny days per year. Annual precipitation totals 13.0 inches.

Data Overview

People

Population440
Median Age41.2 yrs
Density6/mi²
Male / Female55% / 47%

Economy

C+
Median Income$78,500
Per Capita$50,600
Unemployment12.5%
Poverty14.8%
Avg Weekly Wage$973

Housing

A+
Home Value$150,000
Rent$1,100
Ownership66.7%
Housing Units210
Rent Burden14.3%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp26°F
Sunny Days312/yr
Rain13.0 in/yr
Elevation2,346 ft

Education

D
Bachelor's+10.0%
High School+28.6%
Graduate+2.9%

Community

Commute18 min