Balmertown

Neighbourhood in Red Lake · Ontario · Population 970

Places with fewer than 1,000 residents show facts only, without scores.

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Approximate boundaries

Red Lake doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Red Lake.

Housing and jobs

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

Affordability

Average monthly rent$1,200/month

Red Lake: $984/month · Canada: $1,209/month · 2006: $1,188/month (estimated) · 2016: $1,437/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$214,000

Red Lake: $230,000 · Canada: $472,000 · Estimated · 2016: $224,690 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.1%

Red Lake: 12.6% · Canada: 20.9% · 2006: 16.7% (estimated) · 2016: 9.3% (estimated) · Statistics Canada, 2021

Economy

Median household income$125,353

Red Lake: $111,000 · Canada: $84,000 · Estimated · 2006: $94,956 (estimated) · 2016: $130,954 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-0.3%

Canada: 5.2% · City-wide figure for Red Lake · Statistics Canada, 2021

Unemployment rate5.5%

Red Lake: 5.1% · Canada: 10.3% · 2006: 3.3% (estimated) · 2016: 5.6% (estimated) · Statistics Canada, 2021