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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 257 sunny days/yr
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

Income Overview

Median Household Income
$65,500
13% below
US avg: $75,149
Per Capita Income
$44,480
14% above
US avg: $39,052
Unemployment Rate
12.2%
239% above
US avg: 3.6%
Poverty Rate
13.8%
11% above
US avg: 12.4%

Income Comparison: Caraquet vs. U.S. Average

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

Median Household
US: $75,149
$65,500
87%
Per Capita
US: $39,052
$44,480
114%
Avg Weekly Wage
US: $1,432
$855
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$855
40% below US avg ($1,432)
Mean Commute Time
18 min
35% below US avg (28 min)
Work From Home
16.9%
11% above US avg (15.2%)
Drive Alone
85.0%
16% above US avg (73.2%)
Public Transit
1.3%
75% below US avg (5.0%)

How Residents Get to Work

Drive Alone 85%
Public Transit 1.3%
Work From Home 16.9%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
133

Complete Economy Data

Income & Wages

Median Household Income$65,500
Per Capita Income$44,480
Avg Weekly Wage$855

Hardship Indicators

Unemployment Rate12.2%
Poverty Rate13.8%

Commute

Mean Commute18 minutes
Drive Alone85.0%
Public Transit1.3%
Work From Home16.9%

Businesses

Total Establishments133

Tax