Is Makkovik a Good Place to Live?
Based on current data, Makkovik receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment. Makkovik offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Makkovik is $79,500, roughly in line with the national average of $75,149. At 27.3%, unemployment is notably high. 14.0% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 9 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Makkovik is $69,500, 75% below the national median — offering relatively affordable homeownership. Renters pay a median of $556 per month, below the national average — a plus for affordability. At just 0.9x median income, home prices are very affordable relative to local earnings.
Education
7.0% of residents hold a bachelor's degree, below the national average of 33.7%. 31.6% have completed high school.
Climate & Weather
Makkovik has a cool climate with an average annual temperature of 29°F. Winters average 2°F in January while summers reach 53°F in July. With 267 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 38.0 inches, including 19.7 inches of snow. Air quality is rated Good with a median AQI of 27.