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Grand Falls, NB

Full City Profile · New Brunswick

2.9 /5.0
C+ Fair
1,077 Population 18/sq mi density
$58,800 Median Income $40,520 per capita
$174,000 Home Value
$680 Median Rent 15.7% income on rent
38°F Avg Temperature 261 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$58,800 median income, 9.8% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $680/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher

Grand Falls, NB

At a Glance

Median Income
$58,800
22% below
$40,520 per capita
Home Value
$174,000
38% below
Median Rent
$680/mo
42% below
15.7% of income on rent
Bachelor's Degree+
9.2%
73% below
31.9% high school+
Unemployment
9.8%
172% above
18.7% poverty rate
Avg Temperature
38°F
261 sunny days/yr

How Grand Falls Compares to the U.S. Average

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

Income
78%
Home Value
62%
Rent
58%
Poverty
151%
Bachelor's
27%
Unemployment
272%
Thin vertical line = U.S. national average (100%)

Is Grand Falls a Good Place to Live?

C+
2.9 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Grand Falls residents earn a median household income of $58,800 , which is 22% below the national average of $75,149. Per capita income is $40,520. The unemployment rate stands at 9.8% (172% above the U.S. rate of 3.6%). 18.7% of residents live below the poverty line. The area is home to 33 business establishments.

Housing & Cost of Living

The median home value in Grand Falls is $174,000 , 38% below the national median of $281,900. Median rent is $680/month, with 15.7% of renters spending more than 30% of income on housing.

Education

9.2% of adults in Grand Falls hold a bachelor's degree or higher (73% below the national average). 31.9% have completed high school.

Climate & Weather

Grand Falls has an average annual temperature of 38°F (3°C). Winters average 7°F in January while summers reach 64°F in July. The area gets 261 sunny days per year. Annual precipitation totals 41.4 inches.

Data Overview

People

Population1,077
Median Age52.8 yrs
Density18/mi²
Male / Female48% / 52%

Economy

C
Median Income$58,800
Per Capita$40,520
Unemployment9.8%
Poverty18.7%
Avg Weekly Wage$779

Housing

A+
Home Value$174,000
Rent$680
Ownership62.5%
Housing Units2,495
Rent Burden15.7%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp38°F
Sunny Days261/yr
Rain41.4 in/yr
Elevation515 ft

Education

D
Bachelor's+9.2%
High School+31.9%
Graduate+3.5%

Community

Commute17 min