Island Lake

Neighbourhood in Algoma, Unorganized, North Part · Ontario · Population 504

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

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Approximate boundaries

Algoma, Unorganized, North Part 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 Algoma, Unorganized, North Part.

Housing and jobs

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

Affordability

Average monthly rent$790/month

Canada: $1,209/month · City-wide figure for Algoma, Unorganized, North Part · Statistics Canada, 2021

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

Algoma, Unorganized, North Part: $250,000 · Canada: $472,000 · Estimated · 2016: $265,092 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.8%

Algoma, Unorganized, North Part: 8.2% · Canada: 20.9% · 2006: 12.8% (estimated) · 2016: 18.4% (estimated) · Statistics Canada, 2021

Economy

Median household income$95,000

Algoma, Unorganized, North Part: $76,500 · Canada: $84,000 · Estimated · 2006: $97,301 (estimated) · 2016: $89,481 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.4%

Canada: 5.2% · City-wide figure for Algoma, Unorganized, North Part · Statistics Canada, 2021

Unemployment rate9.8%

Algoma, Unorganized, North Part: 15.5% · Canada: 10.3% · 2006: 9.1% (estimated) · 2016: 12.5% (estimated) · Statistics Canada, 2021