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Norris Arm, NL
Full City Profile · Newfoundland and Labrador
2.6
/5.0
C+
Fair
708
Population
44/sq mi density
$53,200
Median Income
$35,800 per capita
$139,000
Home Value
$752
Median Rent
7.5% income on rent
39°F
Avg Temperature
255 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$53,200 median income, 31.9% unemployment
A+
Affordability
5.0 / 5.0
$139,000 home value, $752/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.2 / 5.0
2.4% bachelor's degree or higher
Housing Overview
Median Home Value
$139,000
51% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
335
Ownership vs. Renting
89.6%
Owner-Occupied
9.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
7.5%
of renters spending 30%+ of income on housing
76% below US avg (31.0%)
Homeownership Rate
89.6%
Complete Housing Data
Home Values
| Census Median Value | $139,000 |
Rent
| Census Median Rent | $752 |
Market
Ownership & Stock
| Owner-Occupied | 89.6% |
| Renter-Occupied | 9.0% |
| Homeownership Rate | 89.6% |
| Total Housing Units | 335 |
| Rent Burden | 7.5% |