Is Happy Valley-Goose Bay a Good Place to Live?
Based on current data, Happy Valley-Goose Bay receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include above-average unemployment. Happy Valley-Goose Bay offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Happy Valley-Goose Bay is $107,000, which is significantly higher than the national average — 42% above $75,149. This places Happy Valley-Goose Bay among higher-income communities. At 9.7%, unemployment is notably high. 8.0% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 17 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Happy Valley-Goose Bay is $304,000, roughly aligned with the national median of $281,900. Renters pay a median of $950 per month, below the national average — a plus for affordability. At just 2.8x median income, home prices are very affordable relative to local earnings.
Education
12.4% of residents hold a bachelor's degree, below the national average of 33.7%. 23.5% have completed high school.
Climate & Weather
Happy Valley-Goose Bay has a cool climate with an average annual temperature of 36°F. Winters average 5°F in January while summers reach 69°F in July. The area gets 206 sunny days per year. Annual precipitation totals 42.0 inches, including 94.0 inches of snow.