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Arnold's Cove, NL
Full City Profile · Newfoundland and Labrador
2.9
/5.0
C+
Fair
964
Population
476/sq mi density
$75,500
Median Income
$49,300 per capita
$150,000
Home Value
$700
Median Rent
6.9% income on rent
40°F
Avg Temperature
237 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$75,500 median income, 16.1% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $700/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.9% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
77.9%
19% above US avg (65.4%)
Total Housing Units
430
Ownership vs. Renting
77.9%
Owner-Occupied
23.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.9%
of renters spending 30%+ of income on housing
78% below US avg (31.0%)
Homeownership Rate
77.9%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $700 |
Market
Ownership & Stock
| Owner-Occupied | 77.9% |
| Renter-Occupied | 23.3% |
| Homeownership Rate | 77.9% |
| Total Housing Units | 430 |
| Rent Burden | 6.9% |