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Baie Verte, NL

Full City Profile · Newfoundland and Labrador

3.0 /5.0
B Good
1,311 Population 9/sq mi density
$74,000 Median Income $43,400 per capita
$140,000 Home Value
$710 Median Rent 8.1% income on rent
37°F Avg Temperature 253 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$74,000 median income, 20.6% unemployment
A+
Affordability
5.0 / 5.0
$140,000 home value, $710/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Housing Overview

Median Home Value
$140,000
50% below
US avg: $281,900
Median Rent
$710/mo
39% below
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
555

Ownership vs. Renting

78.4%
Owner-Occupied
22.5%
Renter-Occupied
78%
23%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
8.1%
of renters spending 30%+ of income on housing
74% below US avg (31.0%)
Homeownership Rate
78.4%

Complete Housing Data

Home Values

Census Median Value$140,000

Rent

Census Median Rent$710

Market

Ownership & Stock

Owner-Occupied78.4%
Renter-Occupied22.5%
Homeownership Rate78.4%
Total Housing Units555
Rent Burden8.1%