Caraquet, NB

Full City Profile · New Brunswick

3.2 /5.0
B Good
4,285 Population 163/sq mi density
$65,500 Median Income $44,480 per capita
$184,000 Home Value
$710 Median Rent 11.1% income on rent
40°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$65,500 median income, 12.2% unemployment
A+
Affordability
5.0 / 5.0
$184,000 home value, $710/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.5 / 5.0
18.3% bachelor's degree or higher

Caraquet, NB

At a Glance

Median Income
$65,500
13% below
$44,480 per capita
Home Value
$184,000
35% below
Median Rent
$710/mo
39% below
11.1% of income on rent
Bachelor's Degree+
18.3%
46% below
22.5% high school+
Unemployment
12.2%
239% above
13.8% poverty rate
Avg Temperature
40°F

How Caraquet Compares to the U.S. Average

Each bar shows Caraquet's value as a percentage of the national average (100% = U.S. avg)

Income
87%
Home Value
65%
Rent
61%
Poverty
111%
Bachelor's
54%
Unemployment
339%
Thin vertical line = U.S. national average (100%)

Is Caraquet a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Caraquet residents earn a median household income of $65,500 , which is 13% below the national average of $75,149. Per capita income is $44,480. The unemployment rate stands at 12.2% (239% above the U.S. rate of 3.6%). 13.8% of residents live below the poverty line. The area is home to 133 business establishments.

Housing & Cost of Living

The median home value in Caraquet is $184,000 , 35% below the national median of $281,900. Median rent is $710/month, with 11.1% of renters spending more than 30% of income on housing.

Education

18.3% of adults in Caraquet hold a bachelor's degree or higher (46% below the national average). 22.5% have completed high school.

Climate & Weather

Caraquet has an average annual temperature of 40°F (4°C). Winters average 14°F in January while summers reach 64°F in July. Annual precipitation totals 43.5 inches.

Data Overview

People

Population4,285
Median Age54.4 yrs
Density163/mi²
Male / Female48% / 52%

Economy

C+
Median Income$65,500
Per Capita$44,480
Unemployment12.2%
Poverty13.8%
Avg Weekly Wage$855

Housing

A+
Home Value$184,000
Rent$710
Ownership74.3%
Housing Units1,985
Rent Burden11.1%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp40°F
Rain43.5 in/yr
Elevation62 ft

Education

C
Bachelor's+18.3%
High School+22.5%
Graduate+4.1%

Community

Commute18 min

Did You Know?

16.9% work from home.