Baker Lake

Small town · Nunavut · Population 2,061

Housing and jobs

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

65 · Good

Average monthly rent$692/month

NU: $822/month · Canada: $1,209/month · 2006: $466/month · 2016: $519/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$300,000

NU: $400,000 · Canada: $472,000 · 2016: $275,802 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing7.8%

NU: 5.7% · Canada: 20.9% · 2006: 6.7% · 2016: 5.2% · Statistics Canada, 2021

14 · Poor

Median household income$105,000

NU: $118,000 · Canada: $84,000 · 2006: $52,936 · 2016: $86,802 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-0.4%

NU: 2.5% · Canada: 5.2% · 2016: 10.5% · Statistics Canada, 2021

Unemployment rate27.3%

NU: 16.9% · Canada: 10.3% · 2006: 18.9% · 2016: 26.5% · Statistics Canada, 2021