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Buchans, NL

Full City Profile · Newfoundland and Labrador

2.7 /5.0
C+ Fair
590 Population 331/sq mi density
$48,000 Median Income $35,000 per capita
$50,000 Home Value
$755 Median Rent 14.9% income on rent
37°F Avg Temperature 249 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$48,000 median income, 28.3% unemployment
A+
Affordability
5.0 / 5.0
$50,000 home value, $755/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.5% bachelor's degree or higher

Housing Overview

Median Home Value
$50,000
82% below
US avg: $281,900
Median Rent
$755/mo
35% below
US avg: $1,163/mo
Homeownership Rate
87.9%
34% above US avg (65.4%)
Total Housing Units
330

Ownership vs. Renting

87.9%
Owner-Occupied
13.6%
Renter-Occupied
88%
14%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
14.9%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Homeownership Rate
87.9%

Complete Housing Data

Home Values

Census Median Value$50,000

Rent

Census Median Rent$755

Market

Ownership & Stock

Owner-Occupied87.9%
Renter-Occupied13.6%
Homeownership Rate87.9%
Total Housing Units330
Rent Burden14.9%