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Musgravetown, NL
Full City Profile · Newfoundland and Labrador
2.7
/5.0
C+
Fair
561
Population
108/sq mi density
$56,000
Median Income
$38,200 per capita
$200,000
Home Value
$830
Median Rent
15.4% income on rent
40°F
Avg Temperature
253 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$56,000 median income, 27.3% unemployment
A+
Affordability
4.7 / 5.0
$200,000 home value, $830/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
78.9%
21% above US avg (65.4%)
Total Housing Units
260
Ownership vs. Renting
78.9%
Owner-Occupied
21.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.4%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Homeownership Rate
78.9%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $830 |
Market
Ownership & Stock
| Owner-Occupied | 78.9% |
| Renter-Occupied | 21.2% |
| Homeownership Rate | 78.9% |
| Total Housing Units | 260 |
| Rent Burden | 15.4% |