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Labrador City, NL
Full City Profile · Newfoundland and Labrador
3.5
/5.0
B+
Good
7,412
Population
563/sq mi density
$147,000
Median Income
$76,500 per capita
$300,000
Home Value
$1,000
Median Rent
5.4% income on rent
30°F
Avg Temperature
190 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$147,000 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher
Income Overview
Median Household Income
$147,000
96% above
US avg: $75,149
Per Capita Income
$76,500
96% above
US avg: $39,052
Unemployment Rate
5.5%
53% above
US avg: 3.6%
Poverty Rate
4.6%
63% below
US avg: 12.4%
Income Comparison: Labrador City vs. U.S. Average
Each bar shows Labrador City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$147,000
196%
Per Capita
US: $39,052
$76,500
196%
Avg Weekly Wage
US: $1,432
$1,471
103%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,471
3% above US avg ($1,432)
Mean Commute Time
14 min
49% below US avg (28 min)
Work From Home
3.4%
78% below US avg (15.2%)
Drive Alone
91.1%
24% above US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
How Residents Get to Work
Drive Alone
91.1%
Public Transit
0.4%
Work From Home
3.4%
Other
5.1%
Average commute time
14 minutes
US avg: 28 min
Business Landscape
Total Establishments
230
Complete Economy Data
Income & Wages
| Median Household Income | $147,000 |
| Per Capita Income | $76,500 |
| Avg Weekly Wage | $1,471 |
Hardship Indicators
| Unemployment Rate | 5.5% |
| Poverty Rate | 4.6% |
Commute
| Mean Commute | 14 minutes |
| Drive Alone | 91.1% |
| Public Transit | 0.4% |
| Work From Home | 3.4% |
Businesses
| Total Establishments | 230 |