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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

Income Overview

Median Household Income
$63,200
16% below
US avg: $75,149
Per Capita Income
$37,000
5% below
US avg: $39,052
Unemployment Rate
19.0%
428% above
US avg: 3.6%
Poverty Rate
17.2%
39% above
US avg: 12.4%

Income Comparison: Cormack vs. U.S. Average

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

Median Household
US: $75,149
$63,200
84%
Per Capita
US: $39,052
$37,000
95%
Avg Weekly Wage
US: $1,432
$712
50%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$712
50% below US avg ($1,432)
Mean Commute Time
32 min
16% above US avg (28 min)
Work From Home
17.2%
13% above US avg (15.2%)
Drive Alone
86.2%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 86.2%
Public Transit 0%
Work From Home 17.2%
Average commute time
32 minutes
US avg: 28 min

Business Landscape

Total Establishments
15

Complete Economy Data

Income & Wages

Median Household Income$63,200
Per Capita Income$37,000
Avg Weekly Wage$712

Hardship Indicators

Unemployment Rate19.0%
Poverty Rate17.2%

Commute

Mean Commute32 minutes
Drive Alone86.2%
Public Transit0.0%
Work From Home17.2%

Businesses

Total Establishments15

Tax