Cornwall, PE

Full City Profile · Prince Edward Island

3.3 /5.0
B Good
6,574 Population 604/sq mi density
$85,000 Median Income $46,840 per capita
$324,000 Home Value
$1,300 Median Rent 16.9% income on rent
45°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$85,000 median income, 7.8% unemployment
A+
Affordability
4.5 / 5.0
$324,000 home value, $1,300/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.5 / 5.0
19.4% bachelor's degree or higher

Income Overview

Median Household Income
$85,000
13% above
US avg: $75,149
Per Capita Income
$46,840
20% above
US avg: $39,052
Unemployment Rate
7.8%
117% above
US avg: 3.6%
Poverty Rate
9.8%
21% below
US avg: 12.4%

Income Comparison: Cornwall vs. U.S. Average

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

Median Household
US: $75,149
$85,000
113%
Per Capita
US: $39,052
$46,840
120%
Avg Weekly Wage
US: $1,432
$901
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$901
37% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
17.7%
16% above US avg (15.2%)
Drive Alone
86.6%
18% above US avg (73.2%)
Public Transit
1.0%
79% below US avg (5.0%)

How Residents Get to Work

Drive Alone 86.6%
Public Transit 1%
Work From Home 17.7%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
204

Complete Economy Data

Income & Wages

Median Household Income$85,000
Per Capita Income$46,840
Avg Weekly Wage$901

Hardship Indicators

Unemployment Rate7.8%
Poverty Rate9.8%

Commute

Mean Commute20 minutes
Drive Alone86.6%
Public Transit1.0%
Work From Home17.7%

Businesses

Total Establishments204

Tax