Bishop's Falls, NL

Newfoundland and Labrador

Bishop's Falls is a small town in Newfoundland and Labrador with a population of 3,082. Residents earn $59,600 per year, which is 21% below the national average.

3.0 /5.0
B Good
3,082 Population 303/sq mi density
$59,600 Median Income $38,480 per capita
$176,000 Home Value
$770 Median Rent 12.3% income on rent
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$59,600 median income, 18.8% unemployment
A+
Affordability
5.0 / 5.0
$176,000 home value, $770/mo rent
D
Education
1.6 / 5.0
7.6% bachelor's degree or higher
Median Income $59,600
21% lower than US avg
Home Value $176,000
38% lower than US avg
Bachelor's+ 7.6%
78% lower than US avg
Median Rent $770
34% lower than US avg
Unemployment 18.8%
422% higher than US avg
Poverty Rate 20.3%
64% higher than US avg

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

People

Population3,082
Median Age53.2 yrs
Density303/mi²
Male / Female50% / 50%
Largest GroupWhite 99%

Economy

C
Median Income$59,600
Per Capita$38,480
Unemployment18.8%
Poverty20.3%
Commute21 min

Housing

A+
Home Value$176,000
Rent$770
OwnershipN/A
Housing Units1,425
Rent Burden12.3%

Climate

Avg TempN/A
Elevation79 ft (24 m)

Education

D
Bachelor's+7.6%
High School+27.1%
Graduate+1.9%

Community

Commute21 min

Is Bishop's Falls a Good Place to Live?

Based on current data, Bishop's Falls receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Bishop's Falls offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Bishop's Falls is $59,600, 21% below the national average of $75,149. At 18.8%, unemployment is notably high. The poverty rate of 20.3% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 21 minutes.

Cost of Living & Housing

The median home value in Bishop's Falls is $176,000, 38% below the national median — offering relatively affordable homeownership. Renters pay a median of $770 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.

Education

7.6% of residents hold a bachelor's degree, below the national average of 33.7%. 27.1% have completed high school.

Bishop's Falls has a population of 3,082 with a density of 303 people per square mile. The median age is 53.2 years, 37% older than the national median of 38.9. The city is predominantly White (99.3%).

Population

3,082
Total Population
2021 Census
303
People / sq mi
53.2yrs
Median Age
37% above US avg
10.2mi²
Land Area

Gender Distribution

Male 49.9%
Female 50.1%

Race & Ethnicity

Bishop's Falls vs U.S. Average

Language Spoken at Home

English Only99.0%
26% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Bishop's Falls vs U.S. Average

The median household income in Bishop's Falls is $59,600, which is 21% below the national average of $75,149. The unemployment rate is 18.8% (above the 3.6% US average). 20.3% of residents live below the poverty line. Workers commute an average of 21 minutes.

Income: Bishop's Falls vs U.S.

Commute Mode

Income

Median HH Income$59,600
21% below US avg
Per Capita Income$38,480

Employment & Poverty

Unemployment18.8%
422% above US avg
Poverty Rate20.3%
64% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time21.3 min
Drive Alone89.6%
Public Transit0.0%
Work from Home4.5%

Walkability

The median home value in Bishop's Falls is $176,000, 38% below the national average. Monthly rent averages $770 (34% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$176,000
38% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$770
34% below US avg
Rent Burden12.3%

Ownership & Property

Owner-Occupied75.8%
Renter-Occupied24.2%
Housing Units1,425

Property Tax

7.6% of residents hold a bachelor's degree or higher (78% below US avg).

Education

Bachelor's Degree+7.6%
78% below US avg
High School+27.1%
Graduate Degree+1.9%
D Education Grade (1.6/5.0)

Urban-Rural Classification

Population Density303/sq mi
Total Area10.2 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute21.3 min
Drive Alone89.6%
Public Transit0.0%
Work from Home4.5%

Nearby Cities

Grand Falls-Windsor, NL 13,853 pop · 10.1 mi Botwood, NL 2,778 pop · 11.0 mi Lewisporte, NL 3,288 pop · 24.6 mi Gander, NL 11,880 pop · 39.4 mi Springdale, NL 2,965 pop · 42.5 mi Twillingate, NL 2,121 pop · 54.4 mi Gambo, NL 1,816 pop · 59.8 mi Glovertown, NL 1,948 pop · 69.8 mi Baie Verte, NL 1,311 pop · 70.7 mi Centreville-Wareham-Trinity, NL 1,116 pop · 72.2 mi Fogo Island, NL 2,117 pop · 76.3 mi St. Alban's, NL 1,189 pop · 81.2 mi New-Wes-Valley, NL 2,044 pop · 87.2 mi Deer Lake, NL 4,864 pop · 88.8 mi
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