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Nipigon, ON
Full City Profile · Ontario
3.0
/5.0
B
Good
1,473
Population
35/sq mi density
$71,500
Median Income
$46,100 per capita
$134,000
Home Value
$750
Median Rent
9.9% income on rent
35°F
Avg Temperature
278 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$71,500 median income, 14.4% unemployment
A+
Affordability
5.0 / 5.0
$134,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Housing Overview
Median Home Value
$134,000
52% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
91.7%
40% above US avg (65.4%)
Total Housing Units
665
Ownership vs. Renting
91.7%
Owner-Occupied
7.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
9.9%
of renters spending 30%+ of income on housing
68% below US avg (31.0%)
Homeownership Rate
91.7%
Complete Housing Data
Home Values
| Census Median Value | $134,000 |
Rent
| Census Median Rent | $750 |
Market
Ownership & Stock
| Owner-Occupied | 91.7% |
| Renter-Occupied | 7.5% |
| Homeownership Rate | 91.7% |
| Total Housing Units | 665 |
| Rent Burden | 9.9% |