Owen Sound, Ontario Overview Owen Sound is centrally located in Southern Ontario at the mouth of the Sydenham and ...
Owen Sound, Ontario Overview
Owen Sound is centrally located in Southern Ontario at the mouth of the Sydenham and Pottawatomi Rivers on Georgian Bay. The area is home to 23,650 people, and it has received recognition as a great place to live due to its natural, cultural, and sports amenities.
Owen Sound also enjoys a good cost of living, so money can go much further here. For example, the average cost of a single-family home in Owen Sound is $220,114, which is 49 percent cheaper than the average cost in Ontario. With these savings and a lower cost of living, residents in the area have more money available to spend in other areas.
Owen Sound Job Opportunities
The health care sector has over 3,000 jobs in Owen Sound, making it the largest employment sector. As such, many people living in the area find nursing jobs, physician jobs, or jobs as other health specialists. Additionally, manufacturing is still strong in Owen Sound. The area has over 2,000 jobs in manufacturing, including automotive jobs, pipe welding jobs, and manufacturing engineering jobs.
Major employers in the area with over 500 employees include Transcontinental Printing – RBW Graphics, County of Grey, Bruce Power, and Grey-Bruce Health Services. Employers in the area that have between 250 and 500 employees include City of Owen Sound, The Agency, Chapman's Ice Cream Ltd., and Tenneco Automotive.
Owen Sound Employment Trends
Owen Sound has seen positive employment trends over the past several months. Between January 2014 and January 2015, employment increased by 2.7 percent, or 4,000 jobs. This is a higher rate than the national increase of 0.7 percent. The participation rate, which is the number of people either employed or looking for work, increased from 64.4 percent in 2014 to 65.5 percent in 2015.