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Gambo, NL
Full City Profile · Newfoundland and Labrador
2.8
/5.0
C+
Fair
1,816
Population
51/sq mi density
$58,800
Median Income
$36,520 per capita
$150,000
Home Value
$740
Median Rent
13.7% income on rent
40°F
Avg Temperature
261 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$58,800 median income, 26.0% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $740/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.7% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$740/mo
36% below
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
810
Ownership vs. Renting
83.3%
Owner-Occupied
16.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
13.7%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Homeownership Rate
83.3%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $740 |
Market
Ownership & Stock
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Homeownership Rate | 83.3% |
| Total Housing Units | 810 |
| Rent Burden | 13.7% |