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Parry Sound, ON

Full City Profile · Ontario

2.2 /5.0
C Fair
6,879 Population 1,360/sq mi density
$57,600 Median Income $41,600 per capita
$400,000 Home Value
$700 Median Rent 16.1% income on rent
46°F Avg Temperature 236 sunny days/yr
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$57,600 median income, 15.3% unemployment
C+
Affordability
2.7 / 5.0
$400,000 home value, $700/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher

Parry Sound, ON

At a Glance

Median Income
$57,600
23% below
$41,600 per capita
Home Value
$400,000
42% above
Median Rent
$700/mo
40% below
16.1% of income on rent
Bachelor's Degree+
6.7%
80% below
32.6% high school+
Unemployment
15.3%
325% above
20.9% poverty rate
Avg Temperature
46°F
236 sunny days/yr

How Parry Sound Compares to the U.S. Average

Each bar shows Parry Sound's value as a percentage of the national average (100% = U.S. avg)

Income
77%
Home Value
142%
Rent
60%
Poverty
169%
Bachelor's
20%
Unemployment
425%
Thin vertical line = U.S. national average (100%)

Is Parry Sound a Good Place to Live?

C
2.2 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Parry Sound residents earn a median household income of $57,600 , which is 23% below the national average of $75,149. Per capita income is $41,600. The unemployment rate stands at 15.3% (325% above the U.S. rate of 3.6%). 20.9% of residents live below the poverty line. The area is home to 213 business establishments.

Housing & Cost of Living

The median home value in Parry Sound is $400,000 , 42% above the national median of $281,900. Median rent is $700/month, with 16.1% of renters spending more than 30% of income on housing.

Education

6.7% of adults in Parry Sound hold a bachelor's degree or higher (80% below the national average). 32.6% have completed high school.

Climate & Weather

Parry Sound has an average annual temperature of 46°F (8°C). Winters average 26°F in January while summers reach 69°F in July. The area gets 236 sunny days per year. Annual precipitation totals 42.4 inches.

Data Overview

People

Population6,879
Median Age61.2 yrs
Density1,360/mi²
Male / Female54% / 46%

Economy

C
Median Income$57,600
Per Capita$41,600
Unemployment15.3%
Poverty20.9%
Avg Weekly Wage$800

Housing

C+
Home Value$400,000
Rent$700
Ownership90.5%
Housing Units1,265
Rent Burden16.1%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp46°F
Sunny Days236/yr
Rain42.4 in/yr
Elevation669 ft

Education

D
Bachelor's+6.7%
High School+32.6%
Graduate+1.3%

Community

Commute34 min

Did You Know?

39.6% work from home.