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AreaScore

Wallace Heights

Neighbourhood in North Bay · Ontario · Population 1,590

Approximate boundaries

North Bay doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of North Bay.

Housing and jobs

Housing costs, rents, incomes and jobs in Wallace Heights, with comparisons and sources.

Affordability

63 · Good
Average monthly rent$1,300/month

North Bay: $1,010/month · Canada: $1,209/month · 2006: $0/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$827/month

City-wide figure for North Bay · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,078/month

City-wide figure for North Bay · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,404/month

City-wide figure for North Bay · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,491/month

City-wide figure for North Bay · CMHC, 2025

Median dwelling value (owner-estimated)$442,369

North Bay: $300,000 · Canada: $472,000 · Estimated · 2016: $371,702 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing5.5%

North Bay: 21% · Canada: 20.9% · 2006: 10.6% (estimated) · 2016: 12.1% (estimated) · Statistics Canada, 2021

Economy

45 · Average
Median household income$138,709

North Bay: $72,000 · Canada: $84,000 · Estimated · 2006: $122,664 (estimated) · 2016: $131,412 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.2%

Canada: 5.2% · City-wide figure for North Bay · Statistics Canada, 2021

Unemployment rate7.5%

North Bay: 12% · Canada: 10.3% · 2006: 8.1% (estimated) · 2016: 11.1% (estimated) · Statistics Canada, 2021

Sources

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

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.