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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Smiths Falls, with comparisons and sources.

Affordability

24 · Below average
Average monthly rent$1,048/month

ON: $1,408/month · Canada: $1,209/month · 2006: $824/month (estimated) · 2016: $948/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$300,000

ON: $700,000 · Canada: $472,000 · 2016: $199,697 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing25.8%

ON: 24.2% · Canada: 20.9% · 2006: 30.5% (estimated) · 2016: 33.5% · Statistics Canada, 2021

Economy

49 · Average
Median household income$61,200

ON: $91,000 · Canada: $84,000 · 2006: $54,394 (estimated) · 2016: $50,974 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.4%

ON: 5.8% · Canada: 5.2% · 2016: -2.2% · Statistics Canada, 2021

Unemployment rate10.1%

ON: 12.2% · Canada: 10.3% · 2006: 9.9% (estimated) · 2016: 9.7% · Statistics Canada, 2021

Sources

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