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Niagara Falls, ON
Full City Profile · Ontario
2.5
/5.0
C+
Fair
94,415
Population
1,163/sq mi density
$74,500
Median Income
$42,760 per capita
$552,000
Home Value
$1,110
Median Rent
23.3% income on rent
50°F
Avg Temperature
269 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$74,500 median income, 22.6% unemployment
C
Affordability
2.5 / 5.0
$552,000 home value, $1,110/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher
Housing Overview
Median Home Value
$552,000
96% above
US avg: $281,900
Median Rent
$1,110/mo
5% below
US avg: $1,163/mo
Homeownership Rate
70.4%
8% above US avg (65.4%)
Total Housing Units
37,795
Ownership vs. Renting
70.4%
Owner-Occupied
29.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Homeownership Rate
70.4%
Complete Housing Data
Home Values
| Census Median Value | $552,000 |
Rent
| Census Median Rent | $1,110 |
Market
Ownership & Stock
| Owner-Occupied | 70.4% |
| Renter-Occupied | 29.6% |
| Homeownership Rate | 70.4% |
| Total Housing Units | 37,795 |
| Rent Burden | 23.3% |