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New-Wes-Valley, NL
Full City Profile · Newfoundland and Labrador
New-Wes-Valley, NL
At a Glance
How New-Wes-Valley Compares to the U.S. Average
Each bar shows New-Wes-Valley's value as a percentage of the national average (100% = U.S. avg)
Is New-Wes-Valley a Good Place to Live?
Economy & Jobs
New-Wes-Valley residents earn a median household income of $69,000 , which is 8% below the national average of $75,149. Per capita income is $42,840. The unemployment rate stands at 13.6% (278% above the U.S. rate of 3.6%). 15.3% of residents live below the poverty line. The area is home to 63 business establishments.
Housing & Cost of Living
The median home value in New-Wes-Valley is $110,000 , 61% below the national median of $281,900. Median rent is $680/month, with 7.8% of renters spending more than 30% of income on housing.
Education
6.1% of adults in New-Wes-Valley hold a bachelor's degree or higher (82% below the national average). 33.1% have completed high school.
Climate & Weather
New-Wes-Valley has an average annual temperature of 39°F (4°C). Winters average 14°F in January while summers reach 60°F in July. The area gets 260 sunny days per year. Annual precipitation totals 42.2 inches.