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Hare Bay, NL
Full City Profile · Newfoundland and Labrador
2.6
/5.0
C+
Fair
925
Population
70/sq mi density
$50,800
Median Income
$31,200 per capita
$140,000
Home Value
$765
Median Rent
12.4% income on rent
40°F
Avg Temperature
261 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$50,800 median income, 35.4% unemployment
A+
Affordability
5.0 / 5.0
$140,000 home value, $765/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.1 / 5.0
1.2% bachelor's degree or higher
Housing Overview
Median Home Value
$140,000
50% below
US avg: $281,900
Median Rent
$765/mo
34% below
US avg: $1,163/mo
Homeownership Rate
88.9%
36% above US avg (65.4%)
Total Housing Units
405
Ownership vs. Renting
88.9%
Owner-Occupied
9.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
12.4%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Homeownership Rate
88.9%
Complete Housing Data
Home Values
| Census Median Value | $140,000 |
Rent
| Census Median Rent | $765 |
Market
Ownership & Stock
| Owner-Occupied | 88.9% |
| Renter-Occupied | 9.9% |
| Homeownership Rate | 88.9% |
| Total Housing Units | 405 |
| Rent Burden | 12.4% |