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New-Wes-Valley, NL
Full City Profile · Newfoundland and Labrador
2.9
/5.0
C+
Fair
2,044
Population
40/sq mi density
$69,000
Median Income
$42,840 per capita
$110,000
Home Value
$680
Median Rent
7.8% income on rent
39°F
Avg Temperature
260 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$69,000 median income, 13.6% unemployment
A+
Affordability
5.0 / 5.0
$110,000 home value, $680/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.5 / 5.0
6.1% bachelor's degree or higher
Housing Overview
Median Home Value
$110,000
61% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
905
Ownership vs. Renting
84.0%
Owner-Occupied
15.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.8%
of renters spending 30%+ of income on housing
75% below US avg (31.0%)
Homeownership Rate
84.0%
Complete Housing Data
Home Values
| Census Median Value | $110,000 |
Rent
| Census Median Rent | $680 |
Market
Ownership & Stock
| Owner-Occupied | 84.0% |
| Renter-Occupied | 15.5% |
| Homeownership Rate | 84.0% |
| Total Housing Units | 905 |
| Rent Burden | 7.8% |