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Bishop's Cove, NL
Full City Profile · Newfoundland and Labrador
2.6
/5.0
C+
Fair
252
Population
343/sq mi density
$60,000
Median Income
$41,731 per capita
$250,000
Home Value
$752
Median Rent
28.6% income on rent
41°F
Avg Temperature
238 sunny days/yr
C+
Overall
2.6 / 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, $752/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.6% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
120
Ownership vs. Renting
83.3%
Owner-Occupied
16.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $752 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 120 |
| Rent Burden | 28.6% |