Is Charlottetown a Good Place to Live?
Based on current data, Charlottetown receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, affordable housing, abundant sunshine, a low poverty rate. Areas to be aware of include above-average unemployment. Charlottetown offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Charlottetown is $89,000, 18% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 40.0%, unemployment is notably high. 8.0% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 30 minutes.
Cost of Living & Housing
The median home value in Charlottetown is $100,000, 65% below the national median — offering relatively affordable homeownership. Renters pay a median of $752 per month, below the national average — a plus for affordability. At just 1.1x median income, home prices are very affordable relative to local earnings.
Education
4.0% of residents hold a bachelor's degree, below the national average of 33.7%. 30.0% have completed high school.
Climate & Weather
Charlottetown has a cool climate with an average annual temperature of 33°F. Winters average 8°F in January while summers reach 56°F in July. With 267 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 38.0 inches, including 18.1 inches of snow. Air quality is rated Good with a median AQI of 27.