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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
Housing Overview
Median Home Value
$80,000
72% below
US avg: $281,900
Median Rent
$600/mo
48% below
US avg: $1,163/mo
Homeownership Rate
81.6%
25% above US avg (65.4%)
Total Housing Units
190
Ownership vs. Renting
81.6%
Owner-Occupied
21.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.1%
of renters spending 30%+ of income on housing
83% below US avg (31.0%)
Homeownership Rate
81.6%
Complete Housing Data
Home Values
| Census Median Value | $80,000 |
Rent
| Census Median Rent | $600 |
Market
Ownership & Stock
| Owner-Occupied | 81.6% |
| Renter-Occupied | 21.1% |
| Homeownership Rate | 81.6% |
| Total Housing Units | 190 |
| Rent Burden | 5.1% |