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Lanark Highlands, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
5,737
Population
15/sq mi density
$81,000
Median Income
$46,600 per capita
$388,000
Home Value
$990
Median Rent
15.2% income on rent
42°F
Avg Temperature
274 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$81,000 median income, 9.1% unemployment
B+
Affordability
4.0 / 5.0
$388,000 home value, $990/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher
Housing Overview
Median Home Value
$388,000
38% above
US avg: $281,900
Median Rent
$990/mo
15% below
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
2,495
Ownership vs. Renting
88.4%
Owner-Occupied
11.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.2%
of renters spending 30%+ of income on housing
51% below US avg (31.0%)
Homeownership Rate
88.4%
Complete Housing Data
Home Values
| Census Median Value | $388,000 |
Rent
| Census Median Rent | $990 |
Market
Ownership & Stock
| Owner-Occupied | 88.4% |
| Renter-Occupied | 11.6% |
| Homeownership Rate | 88.4% |
| Total Housing Units | 2,495 |
| Rent Burden | 15.2% |