Most affordable neighbourhoods in Thunder Bay
Fort William has the lowest median family income in Thunder Bay at $52,800, making it the most affordable neighbourhood on this list. Red River isn't far behind at $54,000, and it's also the youngest of the four, with a median age of 27.0. Port Arthur comes in at $59,200. Northwood is the priciest by comparison, at $97,000. Citywide, the typical family earns $87,000, and 14.6% of households spend 30% or more of income on housing. About 29.9% of Thunder Bay residents rent rather than own. The city isn't crowded either, at 2,409 people per square kilometre.
Thunder Bay on this axis
The first bar is the headline ranking metric; the rest are related axes for context. Bars are the Thunder Bayaggregate's percentile rank vs Ontario's 20,000+ census areas.
Top neighbourhoods in Thunder Bay by median after-tax family income
| Neighbourhood | median after-tax family income | Median age |
|---|---|---|
| 1. Fort William · Thunder Bay | $52,800 | 52.8 |
| 2. Red River · Thunder Bay | $54,000 | 27.0 |
| 3. Edward & Arthur · Thunder Bay | $57,200 | 61.6 |
| 4. Port Arthur · Thunder Bay | $59,200 | 37.2 |
| 5. James & Redwood · Thunder Bay | $60,400 | 26.8 |
| 6. Central & Carrick · Thunder Bay | $61,600 | 40.4 |
| 7. Oliver & Balmoral · Thunder Bay | $62,800 | 28.2 |
| 8. Red River & Algonquin · Thunder Bay | $63,600 | 51.2 |
| 9. Neebing & Walsh · Thunder Bay | $64,000 | 26.0 |
| 10. Memorial & High · Thunder Bay | $65,000 | 38.4 |
| 11. Wardrope & County · Thunder Bay | $65,500 | 49.2 |
| 12. Edward & Frederica · Thunder Bay | $68,500 | 46.8 |
| 13. Junot & Red River · Thunder Bay | $68,500 | 59.2 |
| 14. Simpson & Pacific · Thunder Bay | $68,500 | 40.4 |
| 15. Water & Fort William · Thunder Bay | $70,000 | 33.2 |
| 16. Ford & Kingsway · Thunder Bay | $70,000 | 42.0 |
| 17. Fort William & Simpson · Thunder Bay | $70,500 | 48.0 |
| 18. Junot & River · Thunder Bay | $71,500 | 32.8 |
| 19. High & Oliver · Thunder Bay | $72,500 | 32.4 |
| 20. Frederica & Neebing · Thunder Bay | $73,000 | 37.6 |
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Common questions
What is the most affordable neighbourhood in Thunder Bay?
Fort William, with the lowest median family income on this list at $52,800.
How much do Thunder Bay households spend on housing?
About 14.6% of households spend 30% or more of their income on housing.
What share of Thunder Bay residents rent?
Renters make up 29.9% of Thunder Bay's population.
Is Red River an affordable neighbourhood?
Fairly, yes. Red River's median family income is $54,000, close to Fort William's $52,800, and it's also the youngest neighbourhood here at a median age of 27.0.