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Hopedale, NL

Full City Profile · Newfoundland and Labrador

2.7 /5.0
C+ Fair
596 Population 709/sq mi density
$71,000 Median Income $36,000 per capita
$80,000 Home Value
$600 Median Rent 5.1% income on rent
28°F Avg Temperature 276 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$71,000 median income, 20.9% unemployment
A+
Affordability
5.0 / 5.0
$80,000 home value, $600/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.3 / 5.0
3.5% bachelor's degree or higher

Hopedale, NL

At a Glance

Median Income
$71,000
6% below
$36,000 per capita
Home Value
$80,000
72% below
Median Rent
$600/mo
48% below
5.1% of income on rent
Bachelor's Degree+
3.5%
90% below
36.8% high school+
Unemployment
20.9%
481% above
30.6% poverty rate
Avg Temperature
28°F
276 sunny days/yr

How Hopedale Compares to the U.S. Average

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

Income
94%
Home Value
28%
Rent
52%
Poverty
247%
Bachelor's
10%
Unemployment
581%
Thin vertical line = U.S. national average (100%)

Is Hopedale a Good Place to Live?

C+
2.7 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hopedale residents earn a median household income of $71,000 , which is 6% below the national average of $75,149. Per capita income is $36,000. The unemployment rate stands at 20.9% (481% above the U.S. rate of 3.6%). 30.6% of residents live below the poverty line. The area is home to 18 business establishments.

Housing & Cost of Living

The median home value in Hopedale is $80,000 , 72% below the national median of $281,900. Median rent is $600/month, with 5.1% of renters spending more than 30% of income on housing.

Education

3.5% of adults in Hopedale hold a bachelor's degree or higher (90% below the national average). 36.8% have completed high school.

Climate & Weather

Hopedale has an average annual temperature of 28°F (-2°C). Winters average 2°F in January while summers reach 52°F in July. The area gets 276 sunny days per year. Annual precipitation totals 33.3 inches.

Data Overview

People

Population596
Median Age31.4 yrs
Density709/mi²
Male / Female51% / 49%

Economy

C
Median Income$71,000
Per Capita$36,000
Unemployment20.9%
Poverty30.6%
Avg Weekly Wage$692

Housing

A+
Home Value$80,000
Rent$600
Ownership81.6%
Housing Units190
Rent Burden5.1%

Crime

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

Climate

Avg Temp28°F
Sunny Days276/yr
Rain33.3 in/yr

Education

F
Bachelor's+3.5%
High School+36.8%
Graduate+2.3%

Community

Commute13 min