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Boyd's Cove, NL
Full City Profile · Newfoundland and Labrador
Boyd's Cove, NL
At a Glance
How Boyd's Cove Compares to the U.S. Average
Each bar shows Boyd's Cove's value as a percentage of the national average (100% = U.S. avg)
Is Boyd's Cove a Good Place to Live?
Economy & Jobs
Boyd's Cove residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 6 business establishments.
Housing & Cost of Living
The median home value in Boyd's Cove is $161,864 , 43% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.
Education
32.9% of adults in Boyd's Cove hold a bachelor's degree or higher (2% below the national average). 87.4% have completed high school.
Climate & Weather
Boyd's Cove has an average annual temperature of 39°F (4°C). Winters average 19°F in January while summers reach 61°F in July. The area gets 260 sunny days per year. Annual precipitation totals 41.8 inches.