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Paradise, NL

Full City Profile · Newfoundland and Labrador

3.5 /5.0
B+ Good
22,957 Population 2,004/sq mi density
$111,000 Median Income $63,550 per capita
$348,000 Home Value
$1,020 Median Rent 16.4% income on rent
43°F Avg Temperature 165 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$111,000 median income, 8.5% unemployment
A+
Affordability
4.9 / 5.0
$348,000 home value, $1,020/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$348,000
23% above
US avg: $281,900
Median Rent
$1,020/mo
12% below
US avg: $1,163/mo
Homeownership Rate
78.3%
20% above US avg (65.4%)
Total Housing Units
8,815

Ownership vs. Renting

78.3%
Owner-Occupied
21.7%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
16.4%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Homeownership Rate
78.3%

Complete Housing Data

Home Values

Census Median Value$348,000

Rent

Census Median Rent$1,020

Market

Ownership & Stock

Owner-Occupied78.3%
Renter-Occupied21.7%
Homeownership Rate78.3%
Total Housing Units8,815
Rent Burden16.4%