The middle home in Rankin Inlet is valued at $400,000

The census of 2021 asked 230 owner households what their home was worth. The census asks owners what their home would sell for, so the values are estimates from May 2021. Statistics Canada doesn’t publish sales in Nunavut, so nothing here says what Rankin Inlet’s homes actually sold for.

Median home value

$400K

owners’ estimate, census 2021

average $420K

Median assessed value

$87K

all residential, 2024

Owner households

230

census 2021

28% of households

What homes are worth

What Rankin Inlet’s homes are worth, two ways

Two sources, each set against Nunavut’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$400K

median, owners’ estimate

Average: $420K
Owners: 230
The typical Canadian town: $406K

Assessed, 2024$87K

all residential

Properties: 795

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

The homes

The homes of Rankin Inlet, by period and type

At the 2021 census, 46% of Rankin Inlet’s 830 occupied homes were single-detached houses. At least half predate 2001.

When they were built

Homes by period of construction

Before 19612%

1961–198024%

1981–200045%

2001–201521%

2016–20217%

What kind of home

Homes by kind

Single-detached houses46%

Semi-detached houses7%

Row houses27%

Flats in a duplex1%

Apartments, under 5 storeys17%

Apartments, 5+ storeys2%

Against the median Canadian town

	Rankin Inlet	Canada
Condominiums	5%	8%
Needing major repairs	32%	6%
Too small for the household	30%	3%
Households in core housing need	28%	7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

Questions about property prices in Rankin Inlet

How many households in Rankin Inlet are in core housing need?

28% of Rankin Inlet’s households, above the 7% of Canada’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).