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Logy Bay-Middle Cove-Outer Cove, NL

Full City Profile · Newfoundland and Labrador

3.5 /5.0
B+ Good
2,364 Population 360/sq mi density
$128,000 Median Income $78,300 per capita
$424,000 Home Value
$1,000 Median Rent 7.8% income on rent
44°F Avg Temperature 160 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$128,000 median income, 9.5% unemployment
A+
Affordability
4.8 / 5.0
$424,000 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.7 / 5.0
20.9% bachelor's degree or higher

Logy Bay-Middle Cove-Outer Cove, NL

At a Glance

Median Income
$128,000
70% above
$78,300 per capita
Home Value
$424,000
50% above
Median Rent
$1,000/mo
14% below
7.8% of income on rent
Bachelor's Degree+
20.9%
38% below
22.2% high school+
Unemployment
9.5%
164% above
5.2% poverty rate
Avg Temperature
44°F
160 sunny days/yr

How Logy Bay-Middle Cove-Outer Cove Compares to the U.S. Average

Each bar shows Logy Bay-Middle Cove-Outer Cove's value as a percentage of the national average (100% = U.S. avg)

Income
170%
Home Value
150%
Rent
86%
Poverty
42%
Bachelor's
62%
Unemployment
264%
Thin vertical line = U.S. national average (100%)

Is Logy Bay-Middle Cove-Outer Cove a Good Place to Live?

B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Logy Bay-Middle Cove-Outer Cove residents earn a median household income of $128,000 , which is 70% above the national average of $75,149. Per capita income is $78,300. The unemployment rate stands at 9.5% (164% above the U.S. rate of 3.6%). 5.2% of residents live below the poverty line. The area is home to 73 business establishments.

Housing & Cost of Living

The median home value in Logy Bay-Middle Cove-Outer Cove is $424,000 , 50% above the national median of $281,900. Median rent is $1,000/month, with 7.8% of renters spending more than 30% of income on housing.

Education

20.9% of adults in Logy Bay-Middle Cove-Outer Cove hold a bachelor's degree or higher (38% below the national average). 22.2% have completed high school.

Climate & Weather

Logy Bay-Middle Cove-Outer Cove has an average annual temperature of 44°F (6°C). Winters average 33°F in January while summers reach 65°F in July. The area gets 160 sunny days per year. Annual precipitation totals 60.6 inches.

Data Overview

People

Population2,364
Median Age46.8 yrs
Density360/mi²
Male / Female50% / 50%

Economy

B+
Median Income$128,000
Per Capita$78,300
Unemployment9.5%
Poverty5.2%
Avg Weekly Wage$1,506

Housing

A+
Home Value$424,000
Rent$1,000
Ownership91.1%
Housing Units895
Rent Burden7.8%

Crime

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

Climate

Avg Temp44°F
Sunny Days160/yr
Rain60.6 in/yr
Elevation285 ft

Education

C+
Bachelor's+20.9%
High School+22.2%
Graduate+13.9%

Community

Commute19 min

Did You Know?

25.9% work from home.