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Shoal Lake 40, ON
Full City Profile · Ontario
Shoal Lake 40, ON
At a Glance
How Shoal Lake 40 Compares to the U.S. Average
Each bar shows Shoal Lake 40's value as a percentage of the national average (100% = U.S. avg)
Is Shoal Lake 40 a Good Place to Live?
Economy & Jobs
Shoal Lake 40 residents earn a median household income of $46,000 , which is 39% below the national average of $75,149. Per capita income is $26,600. The unemployment rate stands at 22.2% (517% above the U.S. rate of 3.6%). 42.0% of residents live below the poverty line. The area is home to 14 business establishments.
Housing & Cost of Living
The median home value in Shoal Lake 40 is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 33.4% of renters spending more than 30% of income on housing.
Education
0.0% of adults in Shoal Lake 40 hold a bachelor's degree or higher (100% below the national average). 28.6% have completed high school.
Climate & Weather
Shoal Lake 40 has an average annual temperature of 36°F (2°C). Winters average -2°F in January while summers reach 66°F in July. The area gets 292 sunny days per year. Annual precipitation totals 24.3 inches.