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Georgian Bay, ON

Full City Profile · Ontario

2.4 /5.0
C Fair
3,441 Population 17/sq mi density
$82,000 Median Income $65,300 per capita
$695,000 Home Value
$840 Median Rent 18.2% income on rent
42°F Avg Temperature 259 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$82,000 median income, 10.5% unemployment
D
Affordability
1.9 / 5.0
$695,000 home value, $840/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Median Home Value
$695,000
147% above
US avg: $281,900
Median Rent
$840/mo
28% below
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
1,660

Ownership vs. Renting

89.2%
Owner-Occupied
10.8%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
18.2%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Homeownership Rate
89.2%

Complete Housing Data

Home Values

Census Median Value$695,000

Rent

Census Median Rent$840

Market

Ownership & Stock

Owner-Occupied89.2%
Renter-Occupied10.8%
Homeownership Rate89.2%
Total Housing Units1,660
Rent Burden18.2%