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Larder Lake, ON

Full City Profile · Ontario

3.0 /5.0
B Good
745 Population 9/sq mi density
$73,500 Median Income $47,000 per capita
$130,000 Home Value
$720 Median Rent 12.2% income on rent
35°F Avg Temperature 274 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$73,500 median income, 8.2% unemployment
A+
Affordability
5.0 / 5.0
$130,000 home value, $720/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.7% bachelor's degree or higher

Larder Lake, ON

At a Glance

Median Income
$73,500
2% below
$47,000 per capita
Home Value
$130,000
54% below
Median Rent
$720/mo
38% below
12.2% of income on rent
Bachelor's Degree+
3.7%
89% below
31.6% high school+
Unemployment
8.2%
128% above
14.2% poverty rate
Avg Temperature
35°F
274 sunny days/yr

How Larder Lake Compares to the U.S. Average

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

Income
98%
Home Value
46%
Rent
62%
Poverty
115%
Bachelor's
11%
Unemployment
228%
Thin vertical line = U.S. national average (100%)

Is Larder Lake a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Larder Lake residents earn a median household income of $73,500 , which is 2% below the national average of $75,149. Per capita income is $47,000. The unemployment rate stands at 8.2% (128% above the U.S. rate of 3.6%). 14.2% of residents live below the poverty line. The area is home to 23 business establishments.

Housing & Cost of Living

The median home value in Larder Lake is $130,000 , 54% below the national median of $281,900. Median rent is $720/month, with 12.2% of renters spending more than 30% of income on housing.

Education

3.7% of adults in Larder Lake hold a bachelor's degree or higher (89% below the national average). 31.6% have completed high school.

Climate & Weather

Larder Lake has an average annual temperature of 35°F (2°C). Winters average 2°F in January while summers reach 63°F in July. The area gets 274 sunny days per year. Annual precipitation totals 34.0 inches.

Data Overview

People

Population745
Median Age51.2 yrs
Density9/mi²
Male / Female52% / 48%

Economy

B
Median Income$73,500
Per Capita$47,000
Unemployment8.2%
Poverty14.2%
Avg Weekly Wage$904

Housing

A+
Home Value$130,000
Rent$720
Ownership82.4%
Housing Units370
Rent Burden12.2%

Crime

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

Climate

Avg Temp35°F
Sunny Days274/yr
Rain34.0 in/yr
Elevation951 ft

Education

F
Bachelor's+3.7%
High School+31.6%
Graduate+0.0%

Community

Commute32 min