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Deer Lake, NL
Full City Profile · Newfoundland and Labrador
2.8
/5.0
C+
Fair
4,864
Population
172/sq mi density
$62,400
Median Income
$40,920 per capita
$220,000
Home Value
$820
Median Rent
18.2% income on rent
42°F
Avg Temperature
168 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$62,400 median income, 16.7% unemployment
A+
Affordability
4.7 / 5.0
$220,000 home value, $820/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
6.1% bachelor's degree or higher
Housing Overview
Median Home Value
$220,000
22% below
US avg: $281,900
Median Rent
$820/mo
29% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
2,140
Ownership vs. Renting
72.9%
Owner-Occupied
26.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.2%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Homeownership Rate
72.9%
Complete Housing Data
Home Values
| Census Median Value | $220,000 |
Rent
| Census Median Rent | $820 |
Market
Ownership & Stock
| Owner-Occupied | 72.9% |
| Renter-Occupied | 26.9% |
| Homeownership Rate | 72.9% |
| Total Housing Units | 2,140 |
| Rent Burden | 18.2% |