Lake of Bays, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
3,759
Population
15/sq mi density
$90,000
Median Income
$56,850 per capita
$800,000
Home Value
$1,110
Median Rent
16.8% income on rent
40°F
Avg Temperature
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$90,000 median income, 10.8% unemployment
D
Affordability
1.6 / 5.0
$800,000 home value, $1,110/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher
Housing Overview
Median Home Value
$800,000
184% above
US avg: $281,900
Median Rent
$1,110/mo
5% below
US avg: $1,163/mo
Homeownership Rate
91.2%
39% above US avg (65.4%)
Total Housing Units
1,760
Ownership vs. Renting
91.2%
Owner-Occupied
9.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
16.8%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Homeownership Rate
91.2%
Complete Housing Data
Home Values
| Census Median Value | $800,000 |
Rent
| Census Median Rent | $1,110 |
Market
Ownership & Stock
| Owner-Occupied | 91.2% |
| Renter-Occupied | 9.1% |
| Homeownership Rate | 91.2% |
| Total Housing Units | 1,760 |
| Rent Burden | 16.8% |