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Gambo, NL
Full City Profile · Newfoundland and Labrador
Gambo, NL
At a Glance
How Gambo Compares to the U.S. Average
Each bar shows Gambo's value as a percentage of the national average (100% = U.S. avg)
Is Gambo a Good Place to Live?
Economy & Jobs
Gambo residents earn a median household income of $58,800 , which is 22% below the national average of $75,149. Per capita income is $36,520. The unemployment rate stands at 26.0% (622% above the U.S. rate of 3.6%). 20.6% of residents live below the poverty line. The area is home to 56 business establishments.
Housing & Cost of Living
The median home value in Gambo is $150,000 , 47% below the national median of $281,900. Median rent is $740/month, with 13.7% of renters spending more than 30% of income on housing.
Education
4.7% of adults in Gambo hold a bachelor's degree or higher (86% below the national average). 31.9% have completed high school.
Climate & Weather
Gambo has an average annual temperature of 40°F (4°C). Winters average 19°F in January while summers reach 61°F in July. The area gets 261 sunny days per year. Annual precipitation totals 41.3 inches.