Lake of Bays
Small town · Ontario · Population 3,759
Housing and jobs
Housing costs, rents, incomes and jobs in Lake of Bays, with comparisons and sources.
Affordability
Average monthly rent$1,400/month
ON: $1,408/month · Canada: $1,209/month · 2006: $685/month (estimated) · 2016: $1,094/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$800,000
ON: $700,000 · Canada: $472,000 · 2016: $442,438 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing17.1%
ON: 24.2% · Canada: 20.9% · 2006: 19.5% (estimated) · 2016: 25.3% · Statistics Canada, 2021
Economy
Median household income$90,000
ON: $91,000 · Canada: $84,000 · 2006: $72,284 (estimated) · 2016: $75,629 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)18.7%
ON: 5.8% · Canada: 5.2% · 2016: -8.9% · Statistics Canada, 2021
Unemployment rate10.8%
ON: 12.2% · Canada: 10.3% · 2006: 6.6% (estimated) · 2016: 5.9% · Statistics Canada, 2021