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Lake of the Woods, ON
Full City Profile · Ontario
Lake of the Woods, ON
At a Glance
How Lake of the Woods Compares to the U.S. Average
Each bar shows Lake of the Woods's value as a percentage of the national average (100% = U.S. avg)
Is Lake of the Woods a Good Place to Live?
Economy & Jobs
Lake of the Woods residents earn a median household income of $75,000 , which is 0% below the national average of $75,149. Per capita income is $47,716. The unemployment rate stands at 50.0% (1289% above the U.S. rate of 3.6%). 13.5% of residents live below the poverty line. The area is home to 10 business establishments.
Housing & Cost of Living
The median home value in Lake of the Woods is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 27.7% of renters spending more than 30% of income on housing.
Education
0.0% of adults in Lake of the Woods hold a bachelor's degree or higher (100% below the national average). 50.0% have completed high school.
Climate & Weather
Lake of the Woods has an average annual temperature of 37°F (3°C). Winters average 1°F in January while summers reach 67°F in July. The area gets 294 sunny days per year. Annual precipitation totals 22.9 inches.