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Iqaluit, NU

Full City Profile · Nunavut

3.4 /5.0
B Good
7,429 Population 373/sq mi density
$157,000 Median Income $83,700 per capita
$600,000 Home Value
$1,500 Median Rent 10.5% income on rent
19°F Avg Temperature 152 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$157,000 median income, 7.3% unemployment
A+
Affordability
4.5 / 5.0
$600,000 home value, $1,500/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher

Iqaluit, NU

At a Glance

Median Income
$157,000
109% above
$83,700 per capita
Home Value
$600,000
113% above
Median Rent
$1,500/mo
29% above
10.5% of income on rent
Bachelor's Degree+
16.6%
51% below
21.8% high school+
Unemployment
7.3%
103% above
4.0% poverty rate
Avg Temperature
19°F
152 sunny days/yr

How Iqaluit Compares to the U.S. Average

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

Income
209%
Home Value
213%
Rent
129%
Poverty
32%
Bachelor's
49%
Unemployment
203%
Thin vertical line = U.S. national average (100%)

Is Iqaluit a Good Place to Live?

B
3.4 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Iqaluit residents earn a median household income of $157,000 , which is 109% above the national average of $75,149. Per capita income is $83,700. The unemployment rate stands at 7.3% (103% above the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 230 business establishments.

Housing & Cost of Living

The median home value in Iqaluit is $600,000 , 113% above the national median of $281,900. Median rent is $1,500/month, with 10.5% of renters spending more than 30% of income on housing.

Education

16.6% of adults in Iqaluit hold a bachelor's degree or higher (51% below the national average). 21.8% have completed high school.

Climate & Weather

Iqaluit has an average annual temperature of 19°F (-7°C). Winters average -16°F in January while summers reach 47°F in July. The area gets 152 sunny days per year. Annual precipitation totals 22.5 inches.

Data Overview

People

Population7,429
Median Age32.8 yrs
Density373/mi²
Male / Female50% / 50%

Economy

A
Median Income$157,000
Per Capita$83,700
Unemployment7.3%
Poverty4.0%
Avg Weekly Wage$1,610

Housing

A+
Home Value$600,000
Rent$1,500
Ownership25.9%
Housing Units2,705
Rent Burden10.5%

Crime

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

Climate

Avg Temp19°F
Sunny Days152/yr
Rain22.5 in/yr
Elevation56 ft

Education

C
Bachelor's+16.6%
High School+21.8%
Graduate+8.9%

Community

Commute12 min

Did You Know?

16.1% work from home.