Georgina’s growing population brings more diversity and increased household income
The 2011 and 2021 census data (Statistics Canada) indicate the Town’s population has increased by 9.5 per cent and is projected to grow to 70,500 by 2051 (York Region Economic Development).
Georgina’s proximity to urban centres in the GTA, coupled with its appealing lakeside lifestyle and relatively affordable real estate market, make it a desirable place for people from all stages of life to reside. According to the Statistics Canada Census data, Georgina saw the second-highest percentage increase in new immigrants among York Region’s nine municipalities between 2016 and 2021. Not only is the Town becoming more diverse, but its residents' income is also rising. Georgina saw the third-highest percentage increase in individual income in York Region, behind Markham and Richmond Hill. Statistics Canada reported in 2020 that Georgina’s median household income was 98K.
These positive statistics are a result of many factors and societal changes, some of which may include more people working from home, wanting to be closer to natural assets or wishing to enter the housing market.
Georgina’s appealing lakeside lifestyle and lowest housing prices in York Region make it a desirable place to move to
Georgina, an hour’s drive from Toronto, is York Region’s only lakeside municipality offering a balanced rural and urban lifestyle. The average price for a detached home in Georgina was $945,961 in March 2023, making it the most affordable in York Region, according to the Toronto Real Estate Board’s Market Watch report.