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Rankin Inlet, NU

Full City Profile · Nunavut

3.1 /5.0
B Good
2,975 Population 385/sq mi density
$140,000 Median Income $63,400 per capita
$400,000 Home Value
$1,000 Median Rent 5.5% income on rent
14°F Avg Temperature 313 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$140,000 median income, 15.1% unemployment
A+
Affordability
5.0 / 5.0
$400,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher

Income Overview

Median Household Income
$140,000
86% above
US avg: $75,149
Per Capita Income
$63,400
62% above
US avg: $39,052
Unemployment Rate
15.1%
319% above
US avg: 3.6%
Poverty Rate
9.0%
27% below
US avg: 12.4%

Income Comparison: Rankin Inlet vs. U.S. Average

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

Median Household
US: $75,149
$140,000
186%
Per Capita
US: $39,052
$63,400
162%
Avg Weekly Wage
US: $1,432
$1,219
85%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,219
15% below US avg ($1,432)
Mean Commute Time
12 min
56% below US avg (28 min)
Work From Home
2.6%
83% below US avg (15.2%)
Drive Alone
47.2%
35% below US avg (73.2%)
Public Transit
2.1%
57% below US avg (5.0%)

How Residents Get to Work

Drive Alone 47.2%
Public Transit 2.1%
Work From Home 2.6%
Other 48.1%
Average commute time
12 minutes
US avg: 28 min

Business Landscape

Total Establishments
92

Complete Economy Data

Income & Wages

Median Household Income$140,000
Per Capita Income$63,400
Avg Weekly Wage$1,219

Hardship Indicators

Unemployment Rate15.1%
Poverty Rate9.0%

Commute

Mean Commute12 minutes
Drive Alone47.2%
Public Transit2.1%
Work From Home2.6%

Businesses

Total Establishments92

Tax