Melancthon
Small town · Ontario · Population 3,132
Housing and jobs
Housing costs, rents, incomes and jobs in Melancthon, with comparisons and sources.
Affordability
Average monthly rent$1,360/month
ON: $1,408/month · Canada: $1,209/month · 2006: $731/month (estimated) · 2016: $1,171/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$800,000
ON: $700,000 · Canada: $472,000 · 2016: $452,044 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing23.4%
ON: 24.2% · Canada: 20.9% · 2006: 27% (estimated) · 2016: 27.8% · Statistics Canada, 2021
Economy
Median household income$100,000
ON: $91,000 · Canada: $84,000 · 2006: $89,811 (estimated) · 2016: $85,713 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)4.1%
ON: 5.8% · Canada: 5.2% · 2016: 6% · Statistics Canada, 2021
Unemployment rate7.8%
ON: 12.2% · Canada: 10.3% · 2006: 4.8% (estimated) · 2016: 5.2% · Statistics Canada, 2021