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Lakeshore Village, ON

Full City Profile · Ontario

3.1 /5.0
B Good
40,410 Population 198/sq mi density
$114,000 Median Income $59,700 per capita
$576,000 Home Value
$1,000 Median Rent 11.3% income on rent
47°F Avg Temperature 238 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$114,000 median income, 13.2% unemployment
B+
Affordability
3.8 / 5.0
$576,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Lakeshore Village, ON

At a Glance

Median Income
$114,000
52% above
$59,700 per capita
Home Value
$576,000
104% above
Median Rent
$1,000/mo
14% below
11.3% of income on rent
Bachelor's Degree+
15.9%
53% below
30.4% high school+
Unemployment
13.2%
267% above
4.7% poverty rate
Avg Temperature
47°F
238 sunny days/yr

How Lakeshore Village Compares to the U.S. Average

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

Income
152%
Home Value
204%
Rent
86%
Poverty
38%
Bachelor's
47%
Unemployment
367%
Thin vertical line = U.S. national average (100%)

Is Lakeshore Village a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lakeshore Village residents earn a median household income of $114,000 , which is 52% above the national average of $75,149. Per capita income is $59,700. The unemployment rate stands at 13.2% (267% above the U.S. rate of 3.6%). 4.7% of residents live below the poverty line. The area is home to 1,253 business establishments.

Housing & Cost of Living

The median home value in Lakeshore Village is $576,000 , 104% above the national median of $281,900. Median rent is $1,000/month, with 11.3% of renters spending more than 30% of income on housing.

Education

15.9% of adults in Lakeshore Village hold a bachelor's degree or higher (53% below the national average). 30.4% have completed high school.

Climate & Weather

Lakeshore Village has an average annual temperature of 47°F (8°C). Winters average 23°F in January while summers reach 69°F in July. The area gets 238 sunny days per year. Annual precipitation totals 34.4 inches.

Data Overview

People

Population40,410
Median Age42.8 yrs
Density198/mi²
Male / Female50% / 50%

Economy

B+
Median Income$114,000
Per Capita$59,700
Unemployment13.2%
Poverty4.7%
Avg Weekly Wage$1,148

Housing

B+
Home Value$576,000
Rent$1,000
Ownership91.5%
Housing Units14,390
Rent Burden11.3%

Crime

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

Climate

Avg Temp47°F
Sunny Days238/yr
Rain34.4 in/yr
Elevation1,129 ft

Education

C
Bachelor's+15.9%
High School+30.4%
Graduate+5.2%

Community

Commute25 min

Did You Know?

23.2% work from home.