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AreaScore

Housing and jobs

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

Affordability

30 · Below average
Average monthly rent$990/month

ON: $1,408/month · Canada: $1,209/month · 2006: $912/month · 2016: $1,081/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$695,000

ON: $700,000 · Canada: $472,000 · 2016: $384,398 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing12.3%

ON: 24.2% · Canada: 20.9% · 2006: 17.2% · 2016: 14.8% · Statistics Canada, 2021

Economy

33 · Below average
Median household income$106,000

ON: $91,000 · Canada: $84,000 · 2006: $93,470 · 2016: $95,363 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.1%

ON: 5.8% · Canada: 5.2% · 2016: 2.2% · Statistics Canada, 2021

Unemployment rate10.7%

ON: 12.2% · Canada: 10.3% · 2006: 4.7% · 2016: 7.5% · Statistics Canada, 2021

Sources

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