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Colinet, NL
Full City Profile · Newfoundland and Labrador
Colinet, NL
At a Glance
How Colinet Compares to the U.S. Average
Each bar shows Colinet's value as a percentage of the national average (100% = U.S. avg)
Is Colinet a Good Place to Live?
Economy & Jobs
Colinet residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 3 business establishments.
Housing & Cost of Living
The median home value in Colinet is $150,000 , 47% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.
Education
0.0% of adults in Colinet hold a bachelor's degree or higher (100% below the national average). 22.2% have completed high school.
Climate & Weather
Colinet has an average annual temperature of 42°F (5°C). Winters average 25°F in January while summers reach 59°F in July. The area gets 228 sunny days per year. Annual precipitation totals 59.4 inches.