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AreaScore

Housing and jobs

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

Affordability

6 · Poor
Average monthly rent$1,440/month

ON: $1,408/month · Canada: $1,209/month · 2006: $875/month · 2016: $1,069/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$700,000

ON: $700,000 · Canada: $472,000 · 2016: $396,183 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing23.4%

ON: 24.2% · Canada: 20.9% · 2006: 25% · 2016: 25.8% · Statistics Canada, 2021

Economy

77 · Good
Median household income$101,000

ON: $91,000 · Canada: $84,000 · 2006: $85,482 · 2016: $87,320 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)30.3%

ON: 5.8% · Canada: 5.2% · 2016: 8.4% · Statistics Canada, 2021

Unemployment rate7.8%

ON: 12.2% · Canada: 10.3% · 2006: 5.1% · 2016: 8% · Statistics Canada, 2021

Sources

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