Faraday, ON demographics:
population, income, and more
Faraday population
How many people live in Faraday
Faraday is home to 1,612 residents, based on Statistics Canada's 2024 population estimate. Of these, 49.5% identify as male and 50.5% as female.
Age demographics
The average age in Faraday is 50.7. Children under 15 make up 10.2% of the population, while youth and young adults account for 7.7%. Those in their working years are spread across the following age groups: 8.3% are 25 to 34, 7.7% are 35 to 44, and 11.7% are 45 to 54. Adults nearing retirement—aged 55 to 64—represent 23.4% of the population, while seniors 65 and over make up 31.1%.
Residence status
In Faraday, 90.9% of residents were born in Canada, while 8.8% have settled here from abroad.
Primary languages spoken
According to the latest Census data, 99.1% of people in Faraday speak English as their primary language, 0.9% communicate mainly in French, are bilingual, and use other languages.
Households in Faraday
A peek inside Faraday households
Faraday has 755 households, with an average of 2.0 people living in each. One-person households make up 31.1% of all homes, while 45.7% are shared by two people. Three-person households represent 9.9%, and homes with four or more people account for 13.3% of the total.
Households stats
Housing in Faraday
The housing landscape of Faraday
Faraday has a total of 1,290 private dwellings. When it comes to space, Faraday offers a variety of home sizes: 4% of occupied homes have 1 bedroom or less, 63% have 2–3 bedrooms, and 33.3% have 4 or more bedrooms.
The age of buildings in Faraday
About 4.7% of homes were built before 1945, followed by 10.8% between 1946 and 1960. Another 15.5% went up in the 1960s, 29% in the 1970s, and 11.5% during the 1980s. Between 1991 and 2000, 8.8% of homes were added, and 10.1% were developed between 2001 and 2010.
Faraday occupancy rates
In Faraday, there are 755 occupied private dwellings, of which 90.1% are owner-occupied and 9.9% are rented. Meanwhile, 535 dwellings sit vacant.
Shelter costs
In Faraday, homeowners pay a median of $840 per month on shelter costs, while renters spend around $900. About 84.5% of households spend less than 30% of their income on housing, while 15.5% exceed that threshold.
Education in Faraday
Faraday education at a glance
In Faraday, educational attainment varies across the community. About 23.2% of residents have no formal diploma, while 27.8% have completed high school and 12.7% hold an apprenticeship certificate. Meanwhile, 21.1% have graduated from college. Finally, 0.7% earned a non-bachelor university diploma, and 14.4% hold a university degree.
Income in Faraday
How much people earn in Faraday
In Faraday, the median household income sits at $64,000, while the median after-tax household income is $58,400.
Faraday income by age
Young adults in Faraday between 15 and 24 have a median income of $15,800, often reflecting part-time or early career work. For those aged 25 to 34, when many are advancing in their jobs, the figure rises to $38,800, and by 35 to 44 it reaches $38,000. Among individuals 45 to 54, the median wage is $43,600, followed by $35,600 for those in their pre-retirement years. Finally, residents over 65, many of whom are already retired, typically earn $31,600.
Employment in Faraday
Workforce and job sectors in Faraday
In Faraday, 675 residents are part of the labour force, with an unemployment rate of 17.8%. The local economy spans a wide range of sectors. Notably, sales and service, trades and transport, and business, finance and administration employ the largest shares of the working population, shaping the city's job market.
Workforce demographics
Transportation in Faraday
How people get around in Faraday
In Faraday, the average commute is 22 minutes. The remaining 2.4% use other methods, such as scooters or motorcycles.
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FAQs about Faraday demographics
What is the current total population in Faraday?
What is the population density of Faraday?
What is the gender distribution in Faraday?
- 49.5% males (800 residents)
- 50.5% females (815 residents)
What is the age distribution of Faraday residents?
- Under 15: 10.2% (165 residents)
- 15-24: 7.7% (125 residents)
- 25-34: 8.3% (135 residents)
- 35-44: 7.7% (125 residents)
- 45-54: 11.7% (190 residents)
- 55-64: 23.4% (380 residents)
- Over 64: 31.1% (505 residents)
What is the population distribution by immigration status in Faraday?
- 90.9% non-immigrants (1,400 residents)
- 8.8% immigrants (135 residents)
- 0% non-permanent residents (0 residents)
What are the primary languages spoken in Faraday?
- English: 99.1%
- French: 0.9%
- English and French: 0%
- Neither English nor French: 0%
What is the typical household size in Faraday?
What is the median household income in Faraday?
What is the educational attainment level of Faraday residents?
- No diploma: 23.2% (330 residents)
- High school diploma: 27.8% (395 residents)
- Apprenticeship diploma: 12.7% (180 residents)
- College diploma: 21.1% (300 residents)
- University diploma (below bachelor): 0.7% (10 residents)
- University degree: 14.4% (205 residents)
What are the most common occupations in Faraday?
- Art, culture, recreation and sport: 1.6%
- Business, finance and administration: 11.8%
- Education, law, community and government services: 10.2%
- Health: 7.9%
- Management: 3.9%
- Manufacturing and utilities: 3.2%
- Natural and applied sciences: 4.7%
- Natural resources and agriculture: 1.6%
- Sales and service: 29.1%
- Trades and transport: 26%
Data source & methodology
Demographic data shown in this section was gathered from the latest census data from Statistics Canada (2021), with the total population figure reflecting the official 2024 population estimate.
Census aggregated data represented here is extracted from Data Tables, by topic, at the census subdivision area level.
Differences may be found between the totals of the various categories due to multiple variables.
The information is updated as soon as new data is made available. No representation, guarantee or warranty is made as to the accuracy or completeness of information.