Median Income
$89,000
18% higher than US avg
Home Value
$500,000
77% higher than US avg
Bachelor's+
10.9%
68% lower than US avg
Median Rent
$1,030
11% lower than US avg
Unemployment
8.9%
147% higher than US avg
Poverty Rate
7.4%
40% lower than US avg
How Strathroy-Caradoc Compares to the U.S. Average (100% = U.S. avg)
People
Population23,871
Median Age43.6 yrs
Density228/mi²
Male / Female49% / 51%
Largest GroupWhite 97%
Economy
B+
Median Income$89,000
Per Capita$48,800
Unemployment8.9%
Poverty7.4%
Commute24 min
Housing
B+
Home Value$500,000
Rent$1,030
OwnershipN/A
Housing Units9,455
Rent Burden13.9%
Education
D
Bachelor's+10.9%
High School+30.2%
Graduate+3.5%
Is Strathroy-Caradoc a Good Place to Live?
Based on current data, Strathroy-Caradoc receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Strathroy-Caradoc offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Strathroy-Caradoc is $89,000, 18% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 8.9%, unemployment is notably high. Only 7.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Strathroy-Caradoc is $500,000, making it a premium housing market at 77% above the U.S. median of $281,900. Renters pay a median of $1,030 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.6x means housing costs are stretched relative to local earnings.
Education
10.9% of residents hold a bachelor's degree, below the national average of 33.7%. 30.2% have completed high school.
Strathroy-Caradoc has a population of 23,871 with a density of 228 people per square mile. The median age is 43.6 years, 12% older than the national median of 38.9. The city is predominantly White (97%), with 1.3% Asian.
Population
43.6yrs
Median Age
12% above US avg
Race & Ethnicity
Strathroy-Caradoc vs U.S. Average
Language Spoken at Home
| English Only | 87.9% |
| 12% above US avg |
| Spanish | 0.7% |
| 95% below US avg |
| Other Languages | 11.4% |
Social Characteristics
Strathroy-Caradoc vs U.S. Average
The median household income in Strathroy-Caradoc is $89,000, which is 18% above the national average of $75,149. The unemployment rate is 8.9% (above the 3.6% US average). 7.4% of residents live below the poverty line. Workers commute an average of 24 minutes.
Income: Strathroy-Caradoc vs U.S.
Income
| Median HH Income | $89,000 |
| 18% above US avg |
| Per Capita Income | $48,800 |
Employment & Poverty
| Unemployment | 8.9% |
| 147% above US avg |
| Poverty Rate | 7.4% |
| 40% below US avg |
Commute & Transportation
| Commute Time | 24.1 min |
| Drive Alone | 86.7% |
| Public Transit | 0.1% |
| Work from Home | 22.2% |
The median home value in Strathroy-Caradoc is $500,000, 77% above the national average. Monthly rent averages $1,030 (11% below US avg).
Home Values
| Census Median | $500,000 |
| 77% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,030 |
| 11% below US avg |
| Rent Burden | 13.9% |
Ownership & Property
| Owner-Occupied | 78.1% |
| Renter-Occupied | 21.9% |
| Housing Units | 9,455 |
Property Tax
Health Metrics: Strathroy-Caradoc vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Strathroy-Caradoc vs U.S. Average (per 100,000)
Geography
| Area | 104.6 sq mi (270.9 km²) |
| Population Density | 228/sq mi |
| Coordinates | 0.0000°N, 0.0000°W |