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Waterfront Communities-The Island, ON
Full City Profile · Ontario
Waterfront Communities-The Island, ON
At a Glance
How Waterfront Communities-The Island Compares to the U.S. Average
Each bar shows Waterfront Communities-The Island's value as a percentage of the national average (100% = U.S. avg)
Is Waterfront Communities-The Island a Good Place to Live?
Economy & Jobs
Waterfront Communities-The Island residents earn a median household income of $82,573 , which is 10% above the national average of $75,149. Per capita income is $47,716. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 13.5% of residents live below the poverty line. The area is home to 2,552 business establishments, including 1,288 restaurants.
Housing & Cost of Living
The median home value in Waterfront Communities-The Island is $461,770 , 64% above the national median of $281,900. Median rent is $1,012/month, with 27.7% of renters spending more than 30% of income on housing.
Education
32.9% of adults in Waterfront Communities-The Island hold a bachelor's degree or higher (2% below the national average). 87.4% have completed high school.
Climate & Weather
Waterfront Communities-The Island has an average annual temperature of 49°F (10°C). Winters average 25°F in January while summers reach 72°F in July. The area gets 257 sunny days per year. Annual precipitation totals 36.7 inches.