Inuvik
Small town · Northwest Territories · Population 3,137
Housing and jobs
Housing costs, rents, incomes and jobs in Inuvik, with comparisons and sources.
Affordability
Average monthly rent$1,332/month
NT: $1,356/month · Canada: $1,209/month · 2006: $1,234/month (estimated) · 2016: $1,307/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$300,000
NT: $352,000 · Canada: $472,000 · 2016: $308,403 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing10.7%
NT: 11.9% · Canada: 20.9% · 2006: 16.5% (estimated) · 2016: 11.9% · Statistics Canada, 2021
Economy
Median household income$119,000
NT: $127,000 · Canada: $84,000 · 2006: $99,584 (estimated) · 2016: $116,999 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-3.3%
NT: -1.7% · Canada: 5.2% · 2016: -6.4% · Statistics Canada, 2021
Unemployment rate8.7%
NT: 8.6% · Canada: 10.3% · 2006: 10.9% (estimated) · 2016: 8.8% · Statistics Canada, 2021