Is Thunder Bay a Good Place to Live?
Based on current data, Thunder Bay receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include low crime rates. Areas to be aware of include above-average unemployment. Thunder Bay has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Thunder Bay is $82,000, roughly in line with the national average of $75,149. At 11.2%, unemployment is notably high. 11.6% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Thunder Bay is $300,000, roughly aligned with the national median of $281,900. Renters pay a median of $970 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.7x indicates a reasonably affordable housing market.
Safety & Crime
Violent crime in Thunder Bay is below the national average at 206 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 69 per 100,000, 96% below the national average.
Education
12.1% of residents hold a bachelor's degree, below the national average of 33.7%. 26.0% have completed high school.
Climate & Weather
Thunder Bay has a cool climate with an average annual temperature of 39°F. Winters average 11°F in January while summers reach 63°F in July. Annual precipitation totals 31.5 inches, including 81.3 inches of snow.