Is Comfort Cove-Newstead a Good Place to Live?
Based on current data, Comfort Cove-Newstead receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Comfort Cove-Newstead has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Comfort Cove-Newstead is $55,200, 27% below the national average of $75,149. At 21.4%, unemployment is notably high. The poverty rate of 25.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 21 minutes.
Cost of Living & Housing
The median home value in Comfort Cove-Newstead is $150,000, 47% 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 2.7x median income, home prices are very affordable relative to local earnings.
Education
3.3% of residents hold a bachelor's degree, below the national average of 33.7%. 27.9% have completed high school.
Climate & Weather
Comfort Cove-Newstead has a cool climate with an average annual temperature of 39°F. Winters average 20°F in January while summers reach 59°F in July. With 258 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 43.0 inches, including 21.1 inches of snow. Air quality is rated Good with a median AQI of 27.