Magnetawan
Small town · Ontario · Population 1,753
Housing and jobs
Housing costs, rents, incomes and jobs in Magnetawan, with comparisons and sources.
Affordability
Average monthly rent$790/month
ON: $1,408/month · Canada: $1,209/month · 2006: $888/month · 2016: $978/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$500,000
ON: $700,000 · Canada: $472,000 · 2016: $276,283 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing15.6%
ON: 24.2% · Canada: 20.9% · 2006: 18% · 2016: 26.2% · Statistics Canada, 2021
Economy
Median household income$67,000
ON: $91,000 · Canada: $84,000 · 2006: $55,762 · 2016: $58,800 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)26.1%
ON: 5.8% · Canada: 5.2% · 2016: -4.4% · Statistics Canada, 2021
Unemployment rate10.8%
ON: 12.2% · Canada: 10.3% · 2006: 9.9% · 2016: 9.9% · Statistics Canada, 2021