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Marmora and Lake, ON
Full City Profile · Ontario
2.4
/5.0
C
Fair
4,267
Population
21/sq mi density
$62,800
Median Income
$38,040 per capita
$400,000
Home Value
$920
Median Rent
19.6% income on rent
43°F
Avg Temperature
270 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$62,800 median income, 14.3% unemployment
B
Affordability
3.1 / 5.0
$400,000 home value, $920/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.5% bachelor's degree or higher
Housing Overview
Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$920/mo
21% below
US avg: $1,163/mo
Homeownership Rate
81.8%
25% above US avg (65.4%)
Total Housing Units
1,890
Ownership vs. Renting
81.8%
Owner-Occupied
18.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Homeownership Rate
81.8%
Complete Housing Data
Home Values
| Census Median Value | $400,000 |
Rent
| Census Median Rent | $920 |
Market
Ownership & Stock
| Owner-Occupied | 81.8% |
| Renter-Occupied | 18.0% |
| Homeownership Rate | 81.8% |
| Total Housing Units | 1,890 |
| Rent Burden | 19.6% |