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Arnold's Cove, NL
Full City Profile · Newfoundland and Labrador
Arnold's Cove, NL
At a Glance
How Arnold's Cove Compares to the U.S. Average
Each bar shows Arnold's Cove's value as a percentage of the national average (100% = U.S. avg)
Is Arnold's Cove a Good Place to Live?
Economy & Jobs
Arnold's Cove residents earn a median household income of $75,500 , which is 0% below the national average of $75,149. Per capita income is $49,300. The unemployment rate stands at 16.1% (347% above the U.S. rate of 3.6%). 14.8% of residents live below the poverty line. The area is home to 30 business establishments.
Housing & Cost of Living
The median home value in Arnold's Cove is $150,000 , 47% below the national median of $281,900. Median rent is $700/month, with 6.9% of renters spending more than 30% of income on housing.
Education
4.9% of adults in Arnold's Cove hold a bachelor's degree or higher (86% below the national average). 26.8% have completed high school.
Climate & Weather
Arnold's Cove has an average annual temperature of 40°F (5°C). Winters average 23°F in January while summers reach 58°F in July. The area gets 237 sunny days per year. Annual precipitation totals 54.8 inches.