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Thunder Bay, Unorganized, ON
Full City Profile · Ontario
3.7
/5.0
B+
Good
6,221
Population
0/sq mi density
$82,000
Median Income
$51,400 per capita
$280,000
Home Value
$548
Median Rent
27.3% income on rent
30°F
Avg Temperature
284 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$82,000 median income, 5.1% unemployment
A+
Affordability
4.8 / 5.0
$280,000 home value, $548/mo rent
C+
Safety
2.5 / 5.0
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Housing Overview
Median Home Value
$280,000
1% below
US avg: $281,900
Median Rent
$548/mo
53% below
US avg: $1,163/mo
Homeownership Rate
66.5%
2% above US avg (65.4%)
Total Housing Units
2,488
Ownership vs. Renting
66.5%
Owner-Occupied
33.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Homeownership Rate
66.5%
Complete Housing Data
Home Values
| Census Median Value | $280,000 |
Rent
| Census Median Rent | $548 |
Market
Ownership & Stock
| Owner-Occupied | 66.5% |
| Renter-Occupied | 33.5% |
| Homeownership Rate | 66.5% |
| Total Housing Units | 2,488 |
| Rent Burden | 27.3% |