Average Personal Income
Average Monthly Rent
Average Household Income
Average Federal Income Tax Rate
Terrace Bay is located in Ontario. In Terrace Bay the majority of the population are Married (and not separated) and have children living at home between the ages of 6 to 14 years. The top three occupations people in Terrace Bay are in employed in are Trades, transport and equipment operators and related occupations, Sales and service occupations and Occupations in manufacturing and utilities. The average personal gross income in Terrace Bay is $36,725 per year while the average after-tax income is $30,651 which means the average personal income tax rate is 16.54%. Most of the population in Terrace Bay lives in Single-detached house and the average home value is $91,257. The majority of the homes in Terrace Bay were constructed 1960 or before. The the most predominant religious faith is Christian. The majority of the population who live in Terrace Bay are Canadian citizens. The most common non-official languages spoken in Terrace Bay are Turkish, German and African languages, n.i.e.. The most predominant continent of origin for most migrants to Terrace Bay is Europe.