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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
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,500/mo
29% above
US avg: $1,163/mo
Homeownership Rate
25.9%
60% below US avg (65.4%)
Total Housing Units
2,705
Ownership vs. Renting
25.9%
Owner-Occupied
74.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
10.5%
of renters spending 30%+ of income on housing
66% below US avg (31.0%)
Homeownership Rate
25.9%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
Rent
| Census Median Rent | $1,500 |
Market
Ownership & Stock
| Owner-Occupied | 25.9% |
| Renter-Occupied | 74.1% |
| Homeownership Rate | 25.9% |
| Total Housing Units | 2,705 |
| Rent Burden | 10.5% |