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Coverdale, NB

Full City Profile · New Brunswick

3.3 /5.0
B Good
4,766 Population 52/sq mi density
$88,000 Median Income $46,200 per capita
$236,000 Home Value
$670 Median Rent 7.0% income on rent
42°F Avg Temperature 251 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$88,000 median income, 7.6% unemployment
A+
Affordability
5.0 / 5.0
$236,000 home value, $670/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher

Coverdale, NB

At a Glance

Median Income
$88,000
17% above
$46,200 per capita
Home Value
$236,000
16% below
Median Rent
$670/mo
42% below
7.0% of income on rent
Bachelor's Degree+
10.3%
69% below
33.9% high school+
Unemployment
7.6%
111% above
9.5% poverty rate
Avg Temperature
42°F
251 sunny days/yr

How Coverdale Compares to the U.S. Average

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

Income
117%
Home Value
84%
Rent
58%
Poverty
77%
Bachelor's
31%
Unemployment
211%
Thin vertical line = U.S. national average (100%)

Is Coverdale a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Coverdale residents earn a median household income of $88,000 , which is 17% above the national average of $75,149. Per capita income is $46,200. The unemployment rate stands at 7.6% (111% above the U.S. rate of 3.6%). 9.5% of residents live below the poverty line. The area is home to 148 business establishments.

Housing & Cost of Living

The median home value in Coverdale is $236,000 , 16% below the national median of $281,900. Median rent is $670/month, with 7.0% of renters spending more than 30% of income on housing.

Education

10.3% of adults in Coverdale hold a bachelor's degree or higher (69% below the national average). 33.9% have completed high school.

Climate & Weather

Coverdale has an average annual temperature of 42°F (5°C). Winters average 16°F in January while summers reach 66°F in July. The area gets 251 sunny days per year. Annual precipitation totals 46.9 inches.

Data Overview

People

Population4,766
Median Age44.8 yrs
Density52/mi²
Male / Female51% / 49%

Economy

B+
Median Income$88,000
Per Capita$46,200
Unemployment7.6%
Poverty9.5%
Avg Weekly Wage$888

Housing

A+
Home Value$236,000
Rent$670
Ownership94.9%
Housing Units1,870
Rent Burden7.0%

Crime

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

Climate

Avg Temp42°F
Sunny Days251/yr
Rain46.9 in/yr
Elevation39 ft

Education

D
Bachelor's+10.3%
High School+33.9%
Graduate+3.2%

Community

Commute26 min

Did You Know?

25.9% work from home.