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Latchford, ON

Full City Profile · Ontario

3.0 /5.0
B Good
355 Population 6/sq mi density
$71,000 Median Income $43,600 per capita
$140,000 Home Value
$1,012 Median Rent 16.7% income on rent
36°F Avg Temperature 274 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$71,000 median income, 9.5% unemployment
A+
Affordability
5.0 / 5.0
$140,000 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.4% bachelor's degree or higher

Latchford, ON

At a Glance

Median Income
$71,000
6% below
$43,600 per capita
Home Value
$140,000
50% below
Median Rent
$1,012/mo
13% below
16.7% of income on rent
Bachelor's Degree+
9.4%
72% below
32.1% high school+
Unemployment
9.5%
164% above
16.5% poverty rate
Avg Temperature
36°F
274 sunny days/yr

How Latchford Compares to the U.S. Average

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

Income
94%
Home Value
50%
Rent
87%
Poverty
133%
Bachelor's
28%
Unemployment
264%
Thin vertical line = U.S. national average (100%)

Is Latchford 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

Latchford residents earn a median household income of $71,000 , which is 6% below the national average of $75,149. Per capita income is $43,600. The unemployment rate stands at 9.5% (164% above the U.S. rate of 3.6%). 16.5% of residents live below the poverty line. The area is home to 11 business establishments.

Housing & Cost of Living

The median home value in Latchford is $140,000 , 50% below the national median of $281,900. Median rent is $1,012/month, with 16.7% of renters spending more than 30% of income on housing.

Education

9.4% of adults in Latchford hold a bachelor's degree or higher (72% below the national average). 32.1% have completed high school.

Climate & Weather

Latchford has an average annual temperature of 36°F (2°C). Winters average 4°F in January while summers reach 64°F in July. The area gets 274 sunny days per year. Annual precipitation totals 34.5 inches.

Data Overview

People

Population355
Median Age57.2 yrs
Density6/mi²
Male / Female52% / 48%

Economy

C+
Median Income$71,000
Per Capita$43,600
Unemployment9.5%
Poverty16.5%
Avg Weekly Wage$838

Housing

A+
Home Value$140,000
Rent$1,012
Ownership93.6%
Housing Units155
Rent Burden16.7%

Crime

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

Climate

Avg Temp36°F
Sunny Days274/yr
Rain34.5 in/yr
Elevation958 ft

Education

D
Bachelor's+9.4%
High School+32.1%
Graduate+0.0%

Community

Commute20 min

Did You Know?

18.8% work from home.