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Burgeo, NL
Full City Profile · Newfoundland and Labrador
2.6
/5.0
C+
Fair
1,176
Population
103/sq mi density
$50,800
Median Income
$36,600 per capita
$70,000
Home Value
$705
Median Rent
5.2% income on rent
41°F
Avg Temperature
214 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$50,800 median income, 23.1% unemployment
A+
Affordability
5.0 / 5.0
$70,000 home value, $705/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.2% bachelor's degree or higher
Housing Overview
Median Home Value
$70,000
75% below
US avg: $281,900
Median Rent
$705/mo
39% below
US avg: $1,163/mo
Homeownership Rate
93.0%
42% above US avg (65.4%)
Total Housing Units
570
Ownership vs. Renting
93.0%
Owner-Occupied
7.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.2%
of renters spending 30%+ of income on housing
83% below US avg (31.0%)
Homeownership Rate
93.0%
Complete Housing Data
Home Values
| Census Median Value | $70,000 |
Rent
| Census Median Rent | $705 |
Market
Ownership & Stock
| Owner-Occupied | 93.0% |
| Renter-Occupied | 7.0% |
| Homeownership Rate | 93.0% |
| Total Housing Units | 570 |
| Rent Burden | 5.2% |