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Pond Inlet, NU

Full City Profile · Nunavut

3.0 /5.0
B Good
1,555 Population 24/sq mi density
$99,000 Median Income $47,700 per capita
$300,000 Home Value
$224 Median Rent 2.7% income on rent
7°F Avg Temperature 322 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$99,000 median income, 18.4% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $224/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher

Pond Inlet, NU

At a Glance

Median Income
$99,000
32% above
$47,700 per capita
Home Value
$300,000
6% above
Median Rent
$224/mo
81% below
2.7% of income on rent
Bachelor's Degree+
4.6%
86% below
17.9% high school+
Unemployment
18.4%
411% above
21.2% poverty rate
Avg Temperature
7°F
322 sunny days/yr

How Pond Inlet Compares to the U.S. Average

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

Income
132%
Home Value
106%
Rent
19%
Poverty
171%
Bachelor's
14%
Unemployment
511%
Thin vertical line = U.S. national average (100%)

Is Pond Inlet a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Pond Inlet residents earn a median household income of $99,000 , which is 32% above the national average of $75,149. Per capita income is $47,700. The unemployment rate stands at 18.4% (411% above the U.S. rate of 3.6%). 21.2% of residents live below the poverty line. The area is home to 48 business establishments.

Housing & Cost of Living

The median home value in Pond Inlet is $300,000 , 6% above the national median of $281,900. Median rent is $224/month, with 2.7% of renters spending more than 30% of income on housing.

Education

4.6% of adults in Pond Inlet hold a bachelor's degree or higher (86% below the national average). 17.9% have completed high school.

Climate & Weather

Pond Inlet has an average annual temperature of 7°F (-14°C). Winters average -26°F in January while summers reach 45°F in July. The area gets 322 sunny days per year. Annual precipitation totals 7.8 inches.

Data Overview

People

Population1,555
Median Age22.8 yrs
Density24/mi²
Male / Female50% / 50%

Economy

B
Median Income$99,000
Per Capita$47,700
Unemployment18.4%
Poverty21.2%
Avg Weekly Wage$917

Housing

A+
Home Value$300,000
Rent$224
Ownership9.6%
Housing Units365
Rent Burden2.7%

Crime

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

Climate

Avg Temp7°F
Sunny Days322/yr
Rain7.8 in/yr
Elevation115 ft

Education

F
Bachelor's+4.6%
High School+17.9%
Graduate+2.6%

Community

Commute15 min