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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
Housing Overview
Median Home Value
$424,000
50% above
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
91.1%
39% above US avg (65.4%)
Total Housing Units
895
Ownership vs. Renting
91.1%
Owner-Occupied
8.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.8%
of renters spending 30%+ of income on housing
75% below US avg (31.0%)
Homeownership Rate
91.1%
Complete Housing Data
Home Values
| Census Median Value | $424,000 |
Rent
| Census Median Rent | $1,000 |
Market
Ownership & Stock
| Owner-Occupied | 91.1% |
| Renter-Occupied | 8.9% |
| Homeownership Rate | 91.1% |
| Total Housing Units | 895 |
| Rent Burden | 7.8% |