Echo Bay

Neighbourhood in Macdonald, Meredith and Aberdeen Additional · Ontario · Population 374

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

Compare with another place Save this place

Approximate boundaries

Macdonald, Meredith and Aberdeen Additional 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 Macdonald, Meredith and Aberdeen Additional.

Housing and jobs

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

Affordability

Average monthly rent$1,100/month

Macdonald, Meredith and Aberdeen Additional: $960/month · Canada: $1,209/month · 2006: $597/month (estimated) · 2016: $676/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$942/month

City-wide figure for Macdonald, Meredith and Aberdeen Additional · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,167/month

City-wide figure for Macdonald, Meredith and Aberdeen Additional · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,394/month

City-wide figure for Macdonald, Meredith and Aberdeen Additional · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,604/month

City-wide figure for Macdonald, Meredith and Aberdeen Additional · CMHC, 2025

Median dwelling value (owner-estimated)$250,000

Macdonald, Meredith and Aberdeen Additional: $260,000 · Canada: $472,000 · Estimated · 2016: $220,953 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.1%

Macdonald, Meredith and Aberdeen Additional: 9.6% · Canada: 20.9% · 2006: 24.2% (estimated) · 2016: 10.5% (estimated) · Statistics Canada, 2021

Economy

Median household income$100,000

Macdonald, Meredith and Aberdeen Additional: $97,000 · Canada: $84,000 · Estimated · 2006: $60,358 (estimated) · 2016: $75,352 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-6%

Canada: 5.2% · City-wide figure for Macdonald, Meredith and Aberdeen Additional · Statistics Canada, 2021

Unemployment rate9.4%

Macdonald, Meredith and Aberdeen Additional: 8.7% · Canada: 10.3% · 2006: 17.9% (estimated) · 2016: 9.4% (estimated) · Statistics Canada, 2021