Median Income
$50,800
32% lower than US avg
Home Value
$180,000
36% lower than US avg
Bachelor's+
9.2%
73% lower than US avg
Median Rent
$604
48% lower than US avg
Unemployment
7.5%
108% higher than US avg
Poverty Rate
18.4%
48% higher than US avg
How Lac-Mégantic Compares to the U.S. Average (100% = U.S. avg)
People
Population5,747
Median Age53.6 yrs
Density677/mi²
Male / Female47% / 53%
Largest GroupWhite 98%
Economy
C+
Median Income$50,800
Per Capita$38,280
Unemployment7.5%
Poverty18.4%
Commute15 min
Housing
A+
Home Value$180,000
Rent$604
OwnershipN/A
Housing Units2,935
Rent Burden18.4%
Climate
Avg TempN/A
AQIN/A
Elevation1,306 ft
Education
D
Bachelor's+9.2%
High School+25.8%
Graduate+2.4%
Is Lac-Mégantic a Good Place to Live?
Based on current data, Lac-Mégantic receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Lac-Mégantic offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lac-Mégantic is $50,800, 32% below the national average of $75,149. The unemployment rate of 7.5% is somewhat elevated compared to the national rate of 3.6%. The poverty rate of 18.4% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 15 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Lac-Mégantic is $180,000, 36% below the national median — offering relatively affordable homeownership. Renters pay a median of $604 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.5x indicates a reasonably affordable housing market.
Education
9.2% of residents hold a bachelor's degree, below the national average of 33.7%. 25.8% have completed high school.
Lac-Mégantic has a population of 5,747 with a density of 677 people per square mile. The median age is 53.6 years, 38% older than the national median of 38.9. The city is predominantly White (97.8%), with 1.2% Black.
Population
5,747
Total Population
2021 Census
53.6yrs
Median Age
38% above US avg
Race & Ethnicity
Lac-Mégantic vs U.S. Average
Language Spoken at Home
| English Only | 1.4% |
| 98% below US avg |
| Spanish | 96.2% |
| 618% above US avg |
| Other Languages | 2.4% |
Social Characteristics
Lac-Mégantic vs U.S. Average
The median household income in Lac-Mégantic is $50,800, which is 32% below the national average of $75,149. The unemployment rate is 7.5% (above the 3.6% US average). 18.4% of residents live below the poverty line. Workers commute an average of 15 minutes.
Income: Lac-Mégantic vs U.S.
Income
| Median HH Income | $50,800 |
| 32% below US avg |
| Per Capita Income | $38,280 |
Employment & Poverty
| Unemployment | 7.5% |
| 108% above US avg |
| Poverty Rate | 18.4% |
| 48% above US avg |
Commute & Transportation
| Commute Time | 15.0 min |
| Drive Alone | 81.7% |
| Public Transit | 1.1% |
| Work from Home | 9.2% |
The median home value in Lac-Mégantic is $180,000, 36% below the national average. Monthly rent averages $604 (48% below US avg).
Home Values
| Census Median | $180,000 |
| 36% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $604 |
| 48% below US avg |
| Rent Burden | 18.4% |
Ownership & Property
| Owner-Occupied | 54.0% |
| Renter-Occupied | 46.0% |
| Housing Units | 2,935 |
Property Tax
Health Metrics: Lac-Mégantic vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Lac-Mégantic vs U.S. Average (per 100,000)
Geography
| Elevation | 1,306 ft (398 m) |
| Area | 8.5 sq mi (22.0 km²) |
| Population Density | 677/sq mi |
| Coordinates | 45.5834°N, 70.8823°W |
| Timezone | America/Toronto |