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Grand Bank, NL
Full City Profile · Newfoundland and Labrador
2.7
/5.0
C+
Fair
2,152
Population
331/sq mi density
$55,200
Median Income
$39,080 per capita
$95,000
Home Value
$670
Median Rent
9.8% 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
C
Economy
2.1 / 5.0
$55,200 median income, 17.7% unemployment
A+
Affordability
5.0 / 5.0
$95,000 home value, $670/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.5% bachelor's degree or higher
Income Overview
Median Household Income
$55,200
27% below
US avg: $75,149
Per Capita Income
$39,080
0% below
US avg: $39,052
Unemployment Rate
17.7%
392% above
US avg: 3.6%
Poverty Rate
22.2%
79% above
US avg: 12.4%
Income Comparison: Grand Bank vs. U.S. Average
Each bar shows Grand Bank’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$55,200
73%
Per Capita
US: $39,052
$39,080
100%
Avg Weekly Wage
US: $1,432
$752
53%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$752
47% below US avg ($1,432)
Mean Commute Time
17 min
38% below US avg (28 min)
Work From Home
5.5%
64% below US avg (15.2%)
Drive Alone
71.1%
3% below US avg (73.2%)
Public Transit
1.6%
69% below US avg (5.0%)
How Residents Get to Work
Drive Alone
71.1%
Public Transit
1.6%
Work From Home
5.5%
Other
21.8%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
67
Complete Economy Data
Income & Wages
| Median Household Income | $55,200 |
| Per Capita Income | $39,080 |
| Avg Weekly Wage | $752 |
Hardship Indicators
| Unemployment Rate | 17.7% |
| Poverty Rate | 22.2% |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 71.1% |
| Public Transit | 1.6% |
| Work From Home | 5.5% |
Businesses
| Total Establishments | 67 |