Bishop's Cove, NL

Newfoundland and Labrador

Bishop's Cove is a small town in Newfoundland and Labrador with a population of 252. Residents earn $60,000 per year, which is 20% below the national average.

2.7 /5.0
C+ Fair
252 Population 343/sq mi density
$60,000 Median Income
$250,000 Home Value
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$60,000 median income, 29.2% unemployment
A
Affordability
4.3 / 5.0
$250,000 home value
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher
Median Income $60,000
20% lower than US avg
Home Value $250,000
11% lower than US avg
Bachelor's+ 4.6%
86% lower than US avg
Unemployment 29.2%
711% higher than US avg
Poverty Rate 18.0%
45% higher than US avg

How Bishop's Cove Compares to the U.S. Average (100% = U.S. avg)

People

Population252
Median Age56.8 yrs
Density343/mi²
Male / Female52% / 50%
Largest GroupWhite 100%

Economy

C
Median Income$60,000
Per CapitaN/A
Unemployment29.2%
Poverty18.0%
Commute32 min

Housing

A
Home Value$250,000
RentN/A
OwnershipN/A
Housing Units120

Climate

Avg TempN/A
Elevation259 ft (79 m)

Education

F
Bachelor's+4.6%
High School+27.3%
Graduate+4.6%

Community

Commute32 min

Is Bishop's Cove a Good Place to Live?

Based on current data, Bishop's Cove receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate. Bishop's Cove has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Bishop's Cove is $60,000, 20% below the national average of $75,149. At 29.2%, unemployment is notably high. The poverty rate of 18.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Bishop's Cove is $250,000, 11% below the national median — offering relatively affordable homeownership. A price-to-income ratio of 4.2x indicates a reasonably affordable housing market.

Education

4.6% of residents hold a bachelor's degree, below the national average of 33.7%. 27.3% have completed high school.

Bishop's Cove has a population of 252 with a density of 343 people per square mile. The median age is 56.8 years, 46% older than the national median of 38.9. The city is predominantly White (100%).

Population

252
Total Population
2021 Census
343
People / sq mi
56.8yrs
Median Age
46% above US avg
0.7mi²
Land Area

Gender Distribution

Male 52%
Female 50%

Race & Ethnicity

Bishop's Cove vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Bishop's Cove vs U.S. Average

The median household income in Bishop's Cove is $60,000, which is 20% below the national average of $75,149. The unemployment rate is 29.2% (above the 3.6% US average). 18.0% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Bishop's Cove vs U.S.

Commute Mode

Income

Median HH Income$60,000
20% below US avg

Employment & Poverty

Unemployment29.2%
711% above US avg
Poverty Rate18.0%
45% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time31.9 min
Drive Alone93.3%
Public Transit0.0%
Work from Home13.3%

Walkability

The median home value in Bishop's Cove is $250,000, 11% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$250,000
11% below US avg

Real Estate Market (Redfin)

Rental Costs

Ownership & Property

Owner-Occupied83.3%
Renter-Occupied16.7%
Housing Units120

Property Tax

4.6% of residents hold a bachelor's degree or higher (86% below US avg).

Education

Bachelor's Degree+4.6%
86% below US avg
High School+27.3%
Graduate Degree+4.6%
F Education Grade (1.4/5.0)

Urban-Rural Classification

Population Density343/sq mi
Total Area0.7 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute31.9 min
Drive Alone93.3%
Public Transit0.0%
Work from Home13.3%

Nearby Cities

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