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Springwater, ON

Full City Profile · Ontario

2.8 /5.0
C+ Fair
21,701 Population 105/sq mi density
$122,000 Median Income $64,100 per capita
$850,000 Home Value
$1,200 Median Rent 16.3% income on rent
36°F Avg Temperature 311 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$122,000 median income, 10.0% unemployment
C+
Affordability
2.7 / 5.0
$850,000 home value, $1,200/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher

Springwater, ON

At a Glance

Median Income
$122,000
62% above
$64,100 per capita
Home Value
$850,000
202% above
Median Rent
$1,200/mo
3% above
16.3% of income on rent
Bachelor's Degree+
16.1%
52% below
28.1% high school+
Unemployment
10.0%
178% above
5.5% poverty rate
Avg Temperature
36°F
311 sunny days/yr

How Springwater Compares to the U.S. Average

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

Income
162%
Home Value
302%
Rent
103%
Poverty
44%
Bachelor's
48%
Unemployment
278%
Thin vertical line = U.S. national average (100%)

Is Springwater a Good Place to Live?

C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Springwater residents earn a median household income of $122,000 , which is 62% above the national average of $75,149. Per capita income is $64,100. The unemployment rate stands at 10.0% (178% above the U.S. rate of 3.6%). 5.5% of residents live below the poverty line. The area is home to 673 business establishments.

Housing & Cost of Living

The median home value in Springwater is $850,000 , 202% above the national median of $281,900. Median rent is $1,200/month, with 16.3% of renters spending more than 30% of income on housing.

Education

16.1% of adults in Springwater hold a bachelor's degree or higher (52% below the national average). 28.1% have completed high school.

Climate & Weather

Springwater has an average annual temperature of 36°F (2°C). Winters average 3°F in January while summers reach 64°F in July. The area gets 311 sunny days per year. Annual precipitation totals 14.0 inches.

Data Overview

People

Population21,701
Median Age43.2 yrs
Density105/mi²
Male / Female50% / 50%

Economy

B+
Median Income$122,000
Per Capita$64,100
Unemployment10.0%
Poverty5.5%
Avg Weekly Wage$1,233

Housing

C+
Home Value$850,000
Rent$1,200
Ownership89.7%
Housing Units7,515
Rent Burden16.3%

Crime

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

Climate

Avg Temp36°F
Sunny Days311/yr
Rain14.0 in/yr
Elevation2,247 ft

Education

C
Bachelor's+16.1%
High School+28.1%
Graduate+4.6%

Community

Commute31 min

Did You Know?

31.0% work from home.