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AreaScore

Housing and jobs

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

Affordability

65 · Good
Average monthly rent$590/month

QC: $886/month · Canada: $1,209/month · 2006: $549/month · 2016: $898/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$180,000

QC: $300,000 · Canada: $472,000 · 2016: $165,998 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.6%

QC: 16.1% · Canada: 20.9% · 2006: 18.8% · 2016: 21.6% · Statistics Canada, 2021

Economy

70 · Good
Median household income$49,600

QC: $72,500 · Canada: $84,000 · 2006: $41,260 · 2016: $46,079 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11.7%

QC: 4.1% · Canada: 5.2% · 2016: -16% · Statistics Canada, 2021

Unemployment rate8%

QC: 7.6% · Canada: 10.3% · 2006: 21.7% · 2016: 6.6% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.