Armour
Small town · Ontario · Population 1,459
Housing and jobs
Housing costs, rents, incomes and jobs in Armour, with comparisons and sources.
Affordability
Average monthly rent$800/month
ON: $1,408/month · Canada: $1,209/month · 2006: $973/month · 2016: $953/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$400,000
ON: $700,000 · Canada: $472,000 · 2016: $303,384 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing15%
ON: 24.2% · Canada: 20.9% · 2006: 23.1% · 2016: 25.6% · Statistics Canada, 2021
Economy
Median household income$69,500
ON: $91,000 · Canada: $84,000 · 2006: $50,992 · 2016: $64,548 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)3.2%
ON: 5.8% · Canada: 5.2% · 2016: 3.1% · Statistics Canada, 2021
Unemployment rate17.7%
ON: 12.2% · Canada: 10.3% · 2006: 3.5% · 2016: 8.9% · Statistics Canada, 2021