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Magnetawan, ON

Full City Profile · Ontario

2.3 /5.0
C Fair
1,753 Population 9/sq mi density
$67,000 Median Income $41,920 per capita
$500,000 Home Value
$650 Median Rent 15.6% income on rent
40°F Avg Temperature 262 sunny days/yr
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$67,000 median income, 10.8% unemployment
C
Affordability
2.4 / 5.0
$500,000 home value, $650/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.9% bachelor's degree or higher

Magnetawan, ON

At a Glance

Median Income
$67,000
11% below
$41,920 per capita
Home Value
$500,000
77% above
Median Rent
$650/mo
44% below
15.6% of income on rent
Bachelor's Degree+
9.9%
71% below
32.1% high school+
Unemployment
10.8%
200% above
17.6% poverty rate
Avg Temperature
40°F
262 sunny days/yr

How Magnetawan Compares to the U.S. Average

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

Income
89%
Home Value
177%
Rent
56%
Poverty
142%
Bachelor's
29%
Unemployment
300%
Thin vertical line = U.S. national average (100%)

Is Magnetawan a Good Place to Live?

C
2.3 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Magnetawan residents earn a median household income of $67,000 , which is 11% below the national average of $75,149. Per capita income is $41,920. The unemployment rate stands at 10.8% (200% above the U.S. rate of 3.6%). 17.6% of residents live below the poverty line. The area is home to 54 business establishments.

Housing & Cost of Living

The median home value in Magnetawan is $500,000 , 77% above the national median of $281,900. Median rent is $650/month, with 15.6% of renters spending more than 30% of income on housing.

Education

9.9% of adults in Magnetawan hold a bachelor's degree or higher (71% below the national average). 32.1% have completed high school.

Climate & Weather

Magnetawan has an average annual temperature of 40°F (5°C). Winters average 12°F in January while summers reach 65°F in July. The area gets 262 sunny days per year. Annual precipitation totals 40.7 inches.

Data Overview

People

Population1,753
Median Age59.2 yrs
Density9/mi²
Male / Female51% / 49%

Economy

C+
Median Income$67,000
Per Capita$41,920
Unemployment10.8%
Poverty17.6%
Avg Weekly Wage$806

Housing

C
Home Value$500,000
Rent$650
Ownership87.3%
Housing Units825
Rent Burden15.6%

Crime

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

Climate

Avg Temp40°F
Sunny Days262/yr
Rain40.7 in/yr
Elevation945 ft

Education

D
Bachelor's+9.9%
High School+32.1%
Graduate+3.5%

Community

Commute29 min

Did You Know?

43.2% work from home.