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
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-Occupied | 81.1% |
| Renter-Occupied | 18.9% |
| Homeownership Rate | 81.1% |
| Total Housing Units | 5,305 |
| Rent Burden | 14.0% |
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