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Corner Brook, NL
Full City Profile · Newfoundland and Labrador
2.9
/5.0
C+
Fair
19,333
Population
339/sq mi density
$63,600
Median Income
$43,200 per capita
$230,000
Home Value
$850
Median Rent
19.9% income on rent
43°F
Avg Temperature
159 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
$63,600 median income, 13.7% unemployment
A+
Affordability
4.6 / 5.0
$230,000 home value, $850/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Housing Overview
Median Home Value
$230,000
18% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
8,870
Ownership vs. Renting
62.5%
Owner-Occupied
37.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.9%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Homeownership Rate
62.5%
Complete Housing Data
Home Values
| Census Median Value | $230,000 |
Rent
| Census Median Rent | $850 |
Market
Ownership & Stock
| Owner-Occupied | 62.5% |
| Renter-Occupied | 37.5% |
| Homeownership Rate | 62.5% |
| Total Housing Units | 8,870 |
| Rent Burden | 19.9% |