Central Frontenac

Debt Relief & Consolidation Solutions

_{Central Frontenac, debt relief, Ontario}

Central Frontenac, a rural Ontario community of 4,892 residents, faces significant financial challenges due to an aging population and seasonal employment tied to tourism. With high housing costs and lower average incomes, many struggle to manage debt. The limited availability of financial support services exacerbates these issues, making debt relief options critical for residents seeking assistance.

City: Central Frontenac
Province/Territory: Ontario (ON), Canada
Est. Population: 4,373

Financial Challenges

Living and working in Central Frontenac can be hard for people who have money problems. Many residents are older, which means they might spend more on healthcare and have less income from jobs. Jobs in the area often depend on the seasons, like tourism, so it’s tough to have a steady paycheck all year. Also, houses can be expensive, making it difficult for people with lower incomes to afford a place to live.

People in Central Frontenac usually earn less money compared to other parts of Ontario, and women often earn less than men. This makes it harder for families to pay their bills and debts. Since Central Frontenac is a small, rural area, there aren’t many services to help people with money issues. This lack of support can make financial problems even more stressful for those living and working there.

Debt Relief Solutions Available

_{*Illustration of Central Frontenac, Ontario}

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

_{The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.}

Areas / Neighbourhoods

• Sharbot Lake
  Sharbot Lake is a charming village known for its picturesque lake and recreational activities. The area offers opportunities for fishing, swimming, and boating, making it a popular summer destination for both locals and tourists. It features a mix of residential homes, shops, and community services.

• Tichborne
  Tichborne is a small hamlet located close to the Rideau Canal. It boasts a tight-knit community feel and is known for its historical significance. Residents enjoy a tranquil lifestyle with access to natural scenery, making it an appealing spot for those looking to escape the hustle and bustle.

• Cloyne
  Cloyne is a quaint village surrounded by natural beauty. It serves as a gateway to the nearby Marble Lake, which is popular for water activities. Cloyne also has a rich history and features several local shops and amenities, catering to both residents and visitors.

• Ompah
  Ompah is a rural area known for its vast outdoor spaces and beautiful landscapes. It’s popular among nature enthusiasts and is often frequented by hikers, campers, and wildlife watchers. The community is small but welcoming, with a focus on outdoor recreation.

• Parham
  Parham is a peaceful community that offers a mix of agriculture and scenic landscapes. It is known for its friendly atmosphere and access to various outdoor activities, such as hiking and snowmobiling in the winter months. The village has a small-town charm and is an excellent place for families.

• Kaladar
  Kaladar is a small community located at the intersection of Highways 7 and 41. It serves as a convenient stop for travelers heading to popular destinations in Ontario. Kaladar is surrounded by beautiful scenery and is known for its friendly locals and community events.

_{Illustration of Central Frontenac, Ontario, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Central Frontenac, Canada to help understand the financial requirements for different living situations.

_{The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.}

Top Questions

1. What is the average cost of living in Central Frontenac, Ontario?
2. How do housing prices in Central Frontenac compare to neighboring regions?
3. What economic opportunities are available for residents in Central Frontenac?
4. What financial assistance programs or resources are available to residents facing economic challenges?
5. How does the unemployment rate in Central Frontenac impact the local economy?
6. What are the primary industries driving Central Frontenac’s economy?
7. How do property taxes in Central Frontenac affect residents’ financial situations?
   

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Central Frontenac is a rural area in Ontario, Canada, covering a large land area of about 991.41 square kilometers and home to a population of 4,892 as of 2021, which has increased by almost 12% since 2016. The community is characterized by a significant aging population, with over 30% of residents being 65 years or older, contributing to a median age of 55.6 years. Many locals enjoy outdoor activities, as the region boasts numerous lakes, forests, and trails, attracting both permanent residents and seasonal visitors during summer. The economy largely relies on tourism and small businesses, creating a unique lifestyle that blends natural beauty with a tight-knit community spirit.