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Flatrock, NL
Full City Profile · Newfoundland and Labrador
3.3
/5.0
B
Good
1,722
Population
246/sq mi density
$115,000
Median Income
$62,500 per capita
$348,000
Home Value
$1,250
Median Rent
6.9% income on rent
44°F
Avg Temperature
160 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$115,000 median income, 9.4% unemployment
A+
Affordability
5.0 / 5.0
$348,000 home value, $1,250/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher
Housing Overview
Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$1,250/mo
7% above
US avg: $1,163/mo
Homeownership Rate
92.4%
41% above US avg (65.4%)
Total Housing Units
655
Ownership vs. Renting
92.4%
Owner-Occupied
7.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
6.9%
of renters spending 30%+ of income on housing
78% below US avg (31.0%)
Homeownership Rate
92.4%
Complete Housing Data
Home Values
| Census Median Value | $348,000 |
Rent
| Census Median Rent | $1,250 |
Market
Ownership & Stock
| Owner-Occupied | 92.4% |
| Renter-Occupied | 7.6% |
| Homeownership Rate | 92.4% |
| Total Housing Units | 655 |
| Rent Burden | 6.9% |