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Housing and jobs

Housing costs, rents, incomes and jobs in Armstrong, with comparisons and sources.

Affordability

69 · Good
Average monthly rent$690/month

ON: $1,408/month · Canada: $1,209/month · 2006: $627/month · 2016: $883/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$200,000

ON: $700,000 · Canada: $472,000 · 2016: $198,292 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing10.5%

ON: 24.2% · Canada: 20.9% · 2006: 15.9% · 2016: 24.7% · Statistics Canada, 2021

Economy

58 · Average
Median household income$72,000

ON: $91,000 · Canada: $84,000 · 2006: $60,778 · 2016: $70,966 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.8%

ON: 5.8% · Canada: 5.2% · 2016: -4.1% · Statistics Canada, 2021

Unemployment rate6.7%

ON: 12.2% · Canada: 10.3% · 2006: 10.6% · 2016: 7.3% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.