Torch River No. 488

Small town · Saskatchewan · Population 1,219

Housing and jobs

Housing costs, rents, incomes and jobs in Torch River No. 488, with comparisons and sources.

48 · Average

Average monthly rent$1,000/month

SK: $1,095/month · Canada: $1,209/month · 2006: $0/month (estimated) · 2016: $0/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$250,000

SK: $300,000 · Canada: $472,000 · 2016: $220,645 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing11.4%

SK: 17.2% · Canada: 20.9% · 2006: 17% (estimated) · 2016: 22.9% (estimated) · Statistics Canada, 2021

27 · Below average

Median household income$77,500

SK: $82,000 · Canada: $84,000 · 2006: $52,419 (estimated) · 2016: $63,653 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-17.1%

SK: 3.1% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate7.9%

SK: 8.4% · Canada: 10.3% · 2006: 8.4% (estimated) · 2016: 8.3% (estimated) · Statistics Canada, 2021