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Toronto, ON

Full City Profile · Ontario

2.4 /5.0
C Fair
2,794,356 Population 11,468/sq mi density
$84,000 Median Income $59,500 per capita
$900,000 Home Value
$1,500 Median Rent 32.5% income on rent
49°F Avg Temperature 257 sunny days/yr
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$84,000 median income, 13.9% unemployment
F
Affordability
1.0 / 5.0
$900,000 home value, $1,500/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher

Toronto, ON

At a Glance

Median Income
$84,000
12% above
$59,500 per capita
Home Value
$900,000
219% above
Median Rent
$1,500/mo
29% above
32.5% of income on rent
Bachelor's Degree+
25.9%
23% below
23.4% high school+
Unemployment
13.9%
286% above
13.2% poverty rate
Avg Temperature
49°F
257 sunny days/yr

How Toronto Compares to the U.S. Average

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

Income
112%
Home Value
319%
Rent
129%
Poverty
106%
Bachelor's
77%
Unemployment
386%
Thin vertical line = U.S. national average (100%)

Is Toronto a Good Place to Live?

C
2.4 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Toronto residents earn a median household income of $84,000 , which is 12% above the national average of $75,149. Per capita income is $59,500. The unemployment rate stands at 13.9% (286% above the U.S. rate of 3.6%). 13.2% of residents live below the poverty line. The area is home to 1,445 business establishments, including 759 restaurants.

Housing & Cost of Living

The median home value in Toronto is $900,000 , 219% above the national median of $281,900. Median rent is $1,500/month, with 32.5% of renters spending more than 30% of income on housing.

Education

25.9% of adults in Toronto hold a bachelor's degree or higher (23% below the national average). 23.4% have completed high school.

Climate & Weather

Toronto has an average annual temperature of 49°F (9°C). Winters average 26°F in January while summers reach 72°F in July. The area gets 257 sunny days per year. Annual precipitation totals 35.6 inches.

Data Overview

People

Population2,794,356
Median Age39.6 yrs
Density11,468/mi²
Male / Female48% / 52%

Economy

B
Median Income$84,000
Per Capita$59,500
Unemployment13.9%
Poverty13.2%
Avg Weekly Wage$1,144

Housing

F
Home Value$900,000
Rent$1,500
Ownership51.9%
Housing Units1,160,890
Rent Burden32.5%

Crime

C+
Property51/100K
Burglary7/100K

Climate

Avg Temp49°F
Sunny Days257/yr
Rain35.6 in/yr
Elevation541 ft

Education

B
Bachelor's+25.9%
High School+23.4%
Graduate+12.6%

Community

Commute34 min

Did You Know?

26.2% of residents use public transit to commute.
64.5% work from home.
There are 759 restaurants in the area.