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Rainy River, ON
Full City Profile · Ontario
3.3
/5.0
B
Good
752
Population
625/sq mi density
$99,000
Median Income
$58,000 per capita
$324,000
Home Value
$810
Median Rent
4.6% income on rent
37°F
Avg Temperature
285 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$99,000 median income, 8.6% unemployment
A+
Affordability
4.8 / 5.0
$324,000 home value, $810/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher
Housing Overview
Median Home Value
$324,000
15% above
US avg: $281,900
Median Rent
$810/mo
30% below
US avg: $1,163/mo
Homeownership Rate
96.4%
47% above US avg (65.4%)
Total Housing Units
550
Ownership vs. Renting
96.4%
Owner-Occupied
3.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
4.6%
of renters spending 30%+ of income on housing
85% below US avg (31.0%)
Homeownership Rate
96.4%
Complete Housing Data
Home Values
| Census Median Value | $324,000 |
Rent
| Census Median Rent | $810 |
Market
Ownership & Stock
| Owner-Occupied | 96.4% |
| Renter-Occupied | 3.6% |
| Homeownership Rate | 96.4% |
| Total Housing Units | 550 |
| Rent Burden | 4.6% |