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Lambton Shores, ON

Full City Profile · Ontario

2.7 /5.0
C+ Fair
11,876 Population 93/sq mi density
$80,000 Median Income $51,800 per capita
$500,000 Home Value
$880 Median Rent 14.0% income on rent
50°F Avg Temperature 244 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$80,000 median income, 9.6% unemployment
B
Affordability
3.1 / 5.0
$500,000 home value, $880/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher

Housing Overview

Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$880/mo
24% below
US avg: $1,163/mo
Homeownership Rate
81.1%
24% above US avg (65.4%)
Total Housing Units
5,305

Ownership vs. Renting

81.1%
Owner-Occupied
18.9%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
14.0%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Homeownership Rate
81.1%

Complete Housing Data

Home Values

Census Median Value$500,000

Rent

Census Median Rent$880

Market

Ownership & Stock

Owner-Occupied81.1%
Renter-Occupied18.9%
Homeownership Rate81.1%
Total Housing Units5,305
Rent Burden14.0%