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Makkovik, NL

Full City Profile · Newfoundland and Labrador

3.0 /5.0
B Good
365 Population 320/sq mi density
$79,500 Median Income $46,800 per capita
$69,500 Home Value
$556 Median Rent 0.0% income on rent
29°F Avg Temperature 267 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$79,500 median income, 27.3% unemployment
A+
Affordability
5.0 / 5.0
$69,500 home value, $556/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher

Housing Overview

Median Home Value
$69,500
75% below
US avg: $281,900
Median Rent
$556/mo
52% below
US avg: $1,163/mo
Homeownership Rate
82.1%
26% above US avg (65.4%)
Total Housing Units
140

Ownership vs. Renting

82.1%
Owner-Occupied
21.4%
Renter-Occupied
82%
21%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
0.0%
of renters spending 30%+ of income on housing
100% below US avg (31.0%)
Homeownership Rate
82.1%

Complete Housing Data

Home Values

Census Median Value$69,500

Rent

Census Median Rent$556

Market

Ownership & Stock

Owner-Occupied82.1%
Renter-Occupied21.4%
Homeownership Rate82.1%
Total Housing Units140
Rent Burden0.0%