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Markham, ON
Full City Profile · Ontario
Markham, ON
At a Glance
How Markham Compares to the U.S. Average
Each bar shows Markham's value as a percentage of the national average (100% = U.S. avg)
Is Markham a Good Place to Live?
Economy & Jobs
Markham residents earn a median household income of $104,000 , which is 38% above the national average of $75,149. Per capita income is $50,880. The unemployment rate stands at 13.8% (283% above the U.S. rate of 3.6%). 10.8% of residents live below the poverty line. The area is home to 238 business establishments, including 133 restaurants.
Housing & Cost of Living
The median home value in Markham is $1,100,000 , 290% above the national median of $281,900. Median rent is $1,940/month, with 32.8% of renters spending more than 30% of income on housing.
Education
26.9% of adults in Markham hold a bachelor's degree or higher (20% below the national average). 25.2% have completed high school.
Climate & Weather
Markham has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 71°F in July. The area gets 248 sunny days per year. Annual precipitation totals 39.4 inches.