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Thunder Bay, ON
Full City Profile · Ontario
Thunder Bay, ON
At a Glance
How Thunder Bay Compares to the U.S. Average
Each bar shows Thunder Bay's value as a percentage of the national average (100% = U.S. avg)
Is Thunder Bay a Good Place to Live?
Economy & Jobs
Thunder Bay residents earn a median household income of $82,000 , which is 9% above the national average of $75,149. Per capita income is $48,760. The unemployment rate stands at 11.2% (211% above the U.S. rate of 3.6%). 11.6% of residents live below the poverty line. The area is home to 19 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in Thunder Bay is $300,000 , 6% above the national median of $281,900. Median rent is $970/month, with 9.6% of renters spending more than 30% of income on housing.
Education
12.1% of adults in Thunder Bay hold a bachelor's degree or higher (64% below the national average). 26.0% have completed high school.
Climate & Weather
Thunder Bay has an average annual temperature of 39°F (4°C). Winters average 11°F in January while summers reach 63°F in July. The area gets 285 sunny days per year. Annual precipitation totals 31.5 inches.