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Red Lake, ON

Full City Profile · Ontario

3.5 /5.0
B+ Good
4,094 Population 18/sq mi density
$111,000 Median Income $63,750 per capita
$230,000 Home Value
$970 Median Rent 12.3% income on rent
33°F Avg Temperature 289 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$111,000 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$230,000 home value, $970/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher

Red Lake, ON

At a Glance

Median Income
$111,000
48% above
$63,750 per capita
Home Value
$230,000
18% below
Median Rent
$970/mo
17% below
12.3% of income on rent
Bachelor's Degree+
13.7%
59% below
33.6% high school+
Unemployment
5.1%
42% above
6.5% poverty rate
Avg Temperature
33°F
289 sunny days/yr

How Red Lake Compares to the U.S. Average

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

Income
148%
Home Value
82%
Rent
83%
Poverty
52%
Bachelor's
41%
Unemployment
142%
Thin vertical line = U.S. national average (100%)

Is Red Lake a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Red Lake residents earn a median household income of $111,000 , which is 48% above the national average of $75,149. Per capita income is $63,750. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 6.5% of residents live below the poverty line. The area is home to 127 business establishments.

Housing & Cost of Living

The median home value in Red Lake is $230,000 , 18% below the national median of $281,900. Median rent is $970/month, with 12.3% of renters spending more than 30% of income on housing.

Education

13.7% of adults in Red Lake hold a bachelor's degree or higher (59% below the national average). 33.6% have completed high school.

Climate & Weather

Red Lake has an average annual temperature of 33°F (1°C). Winters average -3°F in January while summers reach 64°F in July. The area gets 289 sunny days per year. Annual precipitation totals 26.0 inches.

Data Overview

People

Population4,094
Median Age38.4 yrs
Density18/mi²
Male / Female51% / 49%

Economy

A+
Median Income$111,000
Per Capita$63,750
Unemployment5.1%
Poverty6.5%
Avg Weekly Wage$1,226

Housing

A+
Home Value$230,000
Rent$970
Ownership75.1%
Housing Units1,705
Rent Burden12.3%

Crime

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

Climate

Avg Temp33°F
Sunny Days289/yr
Rain26.0 in/yr
Elevation1,178 ft

Education

C
Bachelor's+13.7%
High School+33.6%
Graduate+2.9%

Community

Commute14 min