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Slate Falls, ON
Full City Profile · Ontario
Slate Falls, ON
At a Glance
How Slate Falls Compares to the U.S. Average
Each bar shows Slate Falls's value as a percentage of the national average (100% = U.S. avg)
Is Slate Falls a Good Place to Live?
Economy & Jobs
Slate Falls residents earn a median household income of $88,000 , which is 17% above the national average of $75,149. Per capita income is $26,800. The unemployment rate stands at 11.8% (228% above the U.S. rate of 3.6%). 41.0% of residents live below the poverty line. The area is home to 9 business establishments.
Housing & Cost of Living
The median home value in Slate Falls is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 33.2% of renters spending more than 30% of income on housing.
Education
8.6% of adults in Slate Falls hold a bachelor's degree or higher (75% below the national average). 11.4% have completed high school.
Climate & Weather
Slate Falls has an average annual temperature of 32°F (0°C). Winters average -4°F in January while summers reach 63°F in July. The area gets 285 sunny days per year. Annual precipitation totals 28.0 inches.