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North West River, NL
Full City Profile · Newfoundland and Labrador
3.2
/5.0
B
Good
560
Population
409/sq mi density
$94,000
Median Income
$57,000 per capita
$230,000
Home Value
$850
Median Rent
4.0% income on rent
31°F
Avg Temperature
270 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$94,000 median income, 12.1% unemployment
A+
Affordability
5.0 / 5.0
$230,000 home value, $850/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
10.6% bachelor's degree or higher
Housing Overview
Median Home Value
$230,000
18% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
250
Ownership vs. Renting
84.0%
Owner-Occupied
16.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
4.0%
of renters spending 30%+ of income on housing
87% below US avg (31.0%)
Homeownership Rate
84.0%
Complete Housing Data
Home Values
| Census Median Value | $230,000 |
Rent
| Census Median Rent | $850 |
Market
Ownership & Stock
| Owner-Occupied | 84.0% |
| Renter-Occupied | 16.0% |
| Homeownership Rate | 84.0% |
| Total Housing Units | 250 |
| Rent Burden | 4.0% |