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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

Housing Overview

Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$224/mo
81% below
US avg: $1,163/mo
Homeownership Rate
9.6%
85% below US avg (65.4%)
Total Housing Units
365

Ownership vs. Renting

9.6%
Owner-Occupied
90.4%
Renter-Occupied
10%
90%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
2.7%
of renters spending 30%+ of income on housing
91% below US avg (31.0%)
Homeownership Rate
9.6%

Complete Housing Data

Home Values

Census Median Value$300,000

Rent

Census Median Rent$224

Market

Ownership & Stock

Owner-Occupied9.6%
Renter-Occupied90.4%
Homeownership Rate9.6%
Total Housing Units365
Rent Burden2.7%