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Norris Point, NL
Full City Profile · Newfoundland and Labrador
3.0
/5.0
B
Good
602
Population
322/sq mi density
$72,500
Median Income
$44,200 per capita
$150,000
Home Value
$752
Median Rent
5.5% income on rent
38°F
Avg Temperature
238 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$72,500 median income, 20.8% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $752/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.7 / 5.0
8.4% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
91.1%
39% above US avg (65.4%)
Total Housing Units
280
Ownership vs. Renting
91.1%
Owner-Occupied
8.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
5.5%
of renters spending 30%+ of income on housing
82% below US avg (31.0%)
Homeownership Rate
91.1%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $752 |
Market
Ownership & Stock
| Owner-Occupied | 91.1% |
| Renter-Occupied | 8.9% |
| Homeownership Rate | 91.1% |
| Total Housing Units | 280 |
| Rent Burden | 5.5% |