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Miles Cove, NL

Full City Profile · Newfoundland and Labrador

3.0 /5.0
B Good
97 Population 63/sq mi density
$66,531 Median Income $41,731 per capita
$85,000 Home Value
$752 Median Rent 28.7% income on rent
38°F Avg Temperature 262 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$66,531 median income, 28.6% unemployment
A+
Affordability
5.0 / 5.0
$85,000 home value, $752/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.0 / 5.0
0.0% bachelor's degree or higher

Miles Cove, NL

At a Glance

Median Income
$66,531
11% below
$41,731 per capita
Home Value
$85,000
70% below
Median Rent
$752/mo
35% below
28.7% of income on rent
Bachelor's Degree+
0.0%
100% below
25.0% high school+
Unemployment
28.6%
694% above
18.4% poverty rate
Avg Temperature
38°F
262 sunny days/yr

How Miles Cove Compares to the U.S. Average

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

Income
89%
Home Value
30%
Rent
65%
Poverty
148%
Bachelor's
0%
Unemployment
794%
Thin vertical line = U.S. national average (100%)

Is Miles Cove a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Miles Cove residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 28.6% (694% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 3 business establishments.

Housing & Cost of Living

The median home value in Miles Cove is $85,000 , 70% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.

Education

0.0% of adults in Miles Cove hold a bachelor's degree or higher (100% below the national average). 25.0% have completed high school.

Climate & Weather

Miles Cove has an average annual temperature of 38°F (3°C). Winters average 17°F in January while summers reach 59°F in July. The area gets 262 sunny days per year. Annual precipitation totals 40.7 inches.

Data Overview

People

Population97
Median Age64.5 yrs
Density63/mi²
Male / Female53% / 47%

Economy

C+
Median Income$66,531
Per Capita$41,731
Unemployment28.6%
Poverty18.4%
Avg Weekly Wage$803

Housing

A+
Home Value$85,000
Rent$752
Ownership90.9%
Housing Units55
Rent Burden28.7%

Crime

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

Climate

Avg Temp38°F
Sunny Days262/yr
Rain40.7 in/yr

Education

C
Bachelor's+0.0%
High School+25.0%
Graduate+0.0%

Community

Commute36 min