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Mahone Bay, NS

Full City Profile · Nova Scotia

2.6 /5.0
C+ Fair
1,064 Population 884/sq mi density
$62,000 Median Income $44,300 per capita
$400,000 Home Value
$1,110 Median Rent 24.0% income on rent
44°F Avg Temperature 231 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$62,000 median income, 11.3% unemployment
B
Affordability
3.0 / 5.0
$400,000 home value, $1,110/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.7 / 5.0
20.9% bachelor's degree or higher

Mahone Bay, NS

At a Glance

Median Income
$62,000
17% below
$44,300 per capita
Home Value
$400,000
42% above
Median Rent
$1,110/mo
5% below
24.0% of income on rent
Bachelor's Degree+
20.9%
38% below
27.7% high school+
Unemployment
11.3%
214% above
18.8% poverty rate
Avg Temperature
44°F
231 sunny days/yr

How Mahone Bay Compares to the U.S. Average

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

Income
83%
Home Value
142%
Rent
95%
Poverty
152%
Bachelor's
62%
Unemployment
314%
Thin vertical line = U.S. national average (100%)

Is Mahone Bay a Good Place to Live?

C+
2.6 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Mahone Bay residents earn a median household income of $62,000 , which is 17% below the national average of $75,149. Per capita income is $44,300. The unemployment rate stands at 11.3% (214% above the U.S. rate of 3.6%). 18.8% of residents live below the poverty line. The area is home to 33 business establishments.

Housing & Cost of Living

The median home value in Mahone Bay is $400,000 , 42% above the national median of $281,900. Median rent is $1,110/month, with 24.0% of renters spending more than 30% of income on housing.

Education

20.9% of adults in Mahone Bay hold a bachelor's degree or higher (38% below the national average). 27.7% have completed high school.

Climate & Weather

Mahone Bay has an average annual temperature of 44°F (7°C). Winters average 23°F in January while summers reach 65°F in July. The area gets 231 sunny days per year. Annual precipitation totals 57.7 inches.

Data Overview

People

Population1,064
Median Age60.0 yrs
Density884/mi²
Male / Female44% / 57%

Economy

C
Median Income$62,000
Per Capita$44,300
Unemployment11.3%
Poverty18.8%
Avg Weekly Wage$852

Housing

B
Home Value$400,000
Rent$1,110
Ownership67.3%
Housing Units520
Rent Burden24.0%

Crime

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

Climate

Avg Temp44°F
Sunny Days231/yr
Rain57.7 in/yr
Elevation13 ft

Education

C+
Bachelor's+20.9%
High School+27.7%
Graduate+13.0%

Community

Commute23 min

Did You Know?

24.6% work from home.