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Magnetewan 1, ON
Full City Profile · Ontario
2.9
/5.0
C+
Fair
102
Population
6/sq mi density
$82,573
Median Income
$47,716 per capita
$461,770
Home Value
$1,012
Median Rent
27.7% income on rent
80°F
Avg Temperature
226 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$82,573 median income, 5.1% unemployment
B+
Affordability
3.5 / 5.0
$461,770 home value, $1,012/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$461,770
64% above
US avg: $281,900
Median Rent
$1,012/mo
13% below
US avg: $1,163/mo
Homeownership Rate
33.3%
49% below US avg (65.4%)
Total Housing Units
45
Ownership vs. Renting
33.3%
Owner-Occupied
66.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Homeownership Rate
33.3%
Complete Housing Data
Home Values
| Census Median Value | $461,770 |
Rent
| Census Median Rent | $1,012 |
Market
Ownership & Stock
| Owner-Occupied | 33.3% |
| Renter-Occupied | 66.7% |
| Homeownership Rate | 33.3% |
| Total Housing Units | 45 |
| Rent Burden | 27.7% |