Fortune, NL

Full City Profile · Newfoundland and Labrador

2.7 /5.0

C+ Fair

1,285 Population 61/sq mi density

$56,400 Median Income $37,200 per capita

$85,000 Home Value

$580 Median Rent 6.5% income on rent

42°F Avg Temperature 234 sunny days/yr

C+

Overall

2.7 / 5.0

Fair overall score based on economy, affordability, safety and education

Economy

2.1 / 5.0

$56,400 median income, 21.6% unemployment

A+

Affordability

5.0 / 5.0

$85,000 home value, $580/mo rent

C+

Safety

2.5 / 5.0

Education

1.3 / 5.0

3.5% bachelor's degree or higher

Fortune, NL

At a Glance

Median Income

$56,400

25% below

$37,200 per capita

Home Value

$85,000

70% below

Median Rent

$580/mo

50% below

6.5% of income on rent

Bachelor's Degree+

3.5%

89% below

28.3% high school+

Unemployment

21.6%

500% above

21.8% poverty rate

Avg Temperature

42°F

234 sunny days/yr

How Fortune Compares to the U.S. Average

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

Income

75%

Home Value

30%

Rent

50%

Poverty

176%

Bachelor's

11%

Unemployment

600%

Thin vertical line = U.S. national average (100%)

Is Fortune a Good Place to Live?

C+

2.7 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fortune residents earn a median household income of $56,400 , which is 25% below the national average of $75,149. Per capita income is $37,200. The unemployment rate stands at 21.6% (500% above the U.S. rate of 3.6%). 21.8% of residents live below the poverty line. The area is home to 40 business establishments.

Housing & Cost of Living

The median home value in Fortune is $85,000 , 70% below the national median of $281,900. Median rent is $580/month, with 6.5% of renters spending more than 30% of income on housing.

Education

3.5% of adults in Fortune hold a bachelor's degree or higher (89% below the national average). 28.3% have completed high school.

Climate & Weather

Fortune has an average annual temperature of 42°F (5°C). Winters average 24°F in January while summers reach 59°F in July. The area gets 234 sunny days per year. Annual precipitation totals 56.3 inches.

Data Overview

People

Population1,285

Median Age54.8 yrs

Density61/mi²

Male / Female49% / 51%

Economy

Median Income$56,400

Per Capita$37,200

Unemployment21.6%

Poverty21.8%

Avg Weekly Wage$715

Housing

A+

Home Value$85,000

Rent$580

Ownership81.5%

Housing Units620

Rent Burden6.5%

Crime

C+

Property3,500/100K

Burglary484/100K

Climate

Avg Temp42°F

Sunny Days234/yr

Rain56.3 in/yr

Elevation36 ft

Education

Bachelor's+3.5%

High School+28.3%

Graduate+1.3%

Community

Commute19 min