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Cormack, NL

Full City Profile · Newfoundland and Labrador

2.9 /5.0
C+ Fair
492 Population 10/sq mi density
$63,200 Median Income $37,000 per capita
$170,000 Home Value
$950 Median Rent 9.5% income on rent
38°F Avg Temperature 254 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$63,200 median income, 19.0% unemployment
A+
Affordability
5.0 / 5.0
$170,000 home value, $950/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher

Cormack, NL

At a Glance

Median Income
$63,200
16% below
$37,000 per capita
Home Value
$170,000
40% below
Median Rent
$950/mo
18% below
9.5% of income on rent
Bachelor's Degree+
7.4%
78% below
33.3% high school+
Unemployment
19.0%
428% above
17.2% poverty rate
Avg Temperature
38°F
254 sunny days/yr

How Cormack Compares to the U.S. Average

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

Income
84%
Home Value
60%
Rent
82%
Poverty
139%
Bachelor's
22%
Unemployment
528%
Thin vertical line = U.S. national average (100%)

Is Cormack a Good Place to Live?

C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cormack residents earn a median household income of $63,200 , which is 16% below the national average of $75,149. Per capita income is $37,000. The unemployment rate stands at 19.0% (428% above the U.S. rate of 3.6%). 17.2% of residents live below the poverty line. The area is home to 15 business establishments.

Housing & Cost of Living

The median home value in Cormack is $170,000 , 40% below the national median of $281,900. Median rent is $950/month, with 9.5% of renters spending more than 30% of income on housing.

Education

7.4% of adults in Cormack hold a bachelor's degree or higher (78% below the national average). 33.3% have completed high school.

Climate & Weather

Cormack has an average annual temperature of 38°F (3°C). Winters average 17°F in January while summers reach 60°F in July. The area gets 254 sunny days per year. Annual precipitation totals 45.4 inches.

Data Overview

People

Population492
Median Age49.2 yrs
Density10/mi²
Male / Female51% / 49%

Economy

C+
Median Income$63,200
Per Capita$37,000
Unemployment19.0%
Poverty17.2%
Avg Weekly Wage$712

Housing

A+
Home Value$170,000
Rent$950
Ownership79.1%
Housing Units215
Rent Burden9.5%

Crime

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

Climate

Avg Temp38°F
Sunny Days254/yr
Rain45.4 in/yr
Elevation358 ft

Education

D
Bachelor's+7.4%
High School+33.3%
Graduate+0.0%

Community

Commute32 min

Did You Know?

17.2% work from home.