Malpeque Bay, PE

Full City Profile · Prince Edward Island

3.2 /5.0
B Good
1,191 Population 31/sq mi density
$82,000 Median Income $44,900 per capita
$250,000 Home Value
$628 Median Rent 6.9% income on rent
42°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$82,000 median income, 12.1% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $628/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher

Malpeque Bay, PE

At a Glance

Median Income
$82,000
9% above
$44,900 per capita
Home Value
$250,000
11% below
Median Rent
$628/mo
46% below
6.9% of income on rent
Bachelor's Degree+
13.7%
59% below
31.2% high school+
Unemployment
12.1%
236% above
10.0% poverty rate
Avg Temperature
42°F

How Malpeque Bay Compares to the U.S. Average

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

Income
109%
Home Value
89%
Rent
54%
Poverty
81%
Bachelor's
41%
Unemployment
336%
Thin vertical line = U.S. national average (100%)

Is Malpeque Bay a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Malpeque Bay residents earn a median household income of $82,000 , which is 9% above the national average of $75,149. Per capita income is $44,900. The unemployment rate stands at 12.1% (236% above the U.S. rate of 3.6%). 10.0% of residents live below the poverty line. The area is home to 37 business establishments.

Housing & Cost of Living

The median home value in Malpeque Bay is $250,000 , 11% below the national median of $281,900. Median rent is $628/month, with 6.9% of renters spending more than 30% of income on housing.

Education

13.7% of adults in Malpeque Bay hold a bachelor's degree or higher (59% below the national average). 31.2% have completed high school.

Climate & Weather

Malpeque Bay has an average annual temperature of 42°F (5°C). Winters average 17°F in January while summers reach 65°F in July. Annual precipitation totals 41.5 inches.

Data Overview

People

Population1,191
Median Age50.8 yrs
Density31/mi²
Male / Female50% / 51%

Economy

B
Median Income$82,000
Per Capita$44,900
Unemployment12.1%
Poverty10.0%
Avg Weekly Wage$863

Housing

A+
Home Value$250,000
Rent$628
Ownership90.4%
Housing Units520
Rent Burden6.9%

Crime

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

Climate

Avg Temp42°F
Rain41.5 in/yr

Education

C
Bachelor's+13.7%
High School+31.2%
Graduate+5.4%

Community

Commute22 min

Did You Know?

22.3% work from home.