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Bishop's Cove, NL
Full City Profile · Newfoundland and Labrador
Bishop's Cove, NL
At a Glance
How Bishop's Cove Compares to the U.S. Average
Each bar shows Bishop's Cove's value as a percentage of the national average (100% = U.S. avg)
Is Bishop's Cove a Good Place to Live?
Economy & Jobs
Bishop's Cove residents earn a median household income of $60,000 , which is 20% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 29.2% (711% above the U.S. rate of 3.6%). 18.0% of residents live below the poverty line. The area is home to 8 business establishments.
Housing & Cost of Living
The median home value in Bishop's Cove is $250,000 , 11% below the national median of $281,900. Median rent is $752/month, with 28.6% of renters spending more than 30% of income on housing.
Education
4.6% of adults in Bishop's Cove hold a bachelor's degree or higher (86% below the national average). 27.3% have completed high school.
Climate & Weather
Bishop's Cove has an average annual temperature of 41°F (5°C). Winters average 25°F in January while summers reach 59°F in July. The area gets 238 sunny days per year. Annual precipitation totals 54.2 inches.