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Makkovik, NL
Full City Profile · Newfoundland and Labrador
Makkovik, NL
At a Glance
How Makkovik Compares to the U.S. Average
Each bar shows Makkovik's value as a percentage of the national average (100% = U.S. avg)
Is Makkovik a Good Place to Live?
Economy & Jobs
Makkovik residents earn a median household income of $79,500 , which is 6% above the national average of $75,149. Per capita income is $46,800. The unemployment rate stands at 27.3% (658% above the U.S. rate of 3.6%). 14.0% of residents live below the poverty line. The area is home to 11 business establishments.
Housing & Cost of Living
The median home value in Makkovik is $69,500 , 75% below the national median of $281,900. Median rent is $556/month, with 0.0% of renters spending more than 30% of income on housing.
Education
7.0% of adults in Makkovik hold a bachelor's degree or higher (79% below the national average). 31.6% have completed high school.
Climate & Weather
Makkovik has an average annual temperature of 29°F (-2°C). Winters average 2°F in January while summers reach 53°F in July. The area gets 267 sunny days per year. Annual precipitation totals 38.0 inches.