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Parkers Cove, NL
Newfoundland and Labrador
Parkers Cove is a small town in Newfoundland and Labrador with a population of 233. Residents earn $66,531 per year, which is 11% below the national average.
Data updated June 2026
Discover Parkers Cove, NL
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How Parkers Cove Compares to the U.S. Average (100% = U.S. avg)
People
Economy
BHousing
A+Crime
C+Climate
Education
CCommunity
Is Parkers Cove a Good Place to Live?
Based on current data, Parkers Cove receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate. Parkers Cove offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Parkers Cove is $66,531, 11% below the national average of $75,149. The unemployment rate of 5.1% is somewhat elevated compared to the national rate of 3.6%. The poverty rate of 18.4% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 27 minutes.
Cost of Living & Housing
The median home value in Parkers Cove is $100,000, 65% below the national median / offering relatively affordable homeownership. Renters pay a median of $752 per month, below the national average / a plus for affordability. At just 1.5x median income, home prices are very affordable relative to local earnings.
Safety & Crime
Property crime occurs at a rate of 3,500 per 100,000, 79% above the national average.
Education
12.5% of residents hold a bachelor's degree, below the national average of 33.7%. 17.5% have completed high school.
Climate & Weather
Parkers Cove has a cool climate with an average annual temperature of 41°F. Winters average 22°F in January while summers reach 60°F in July. The area gets 216 sunny days per year. Annual precipitation totals 66.1 inches, including 27.7 inches of snow.
Population
Gender Distribution
Race & Ethnicity
Parkers Cove vs U.S. Average
Language Spoken at Home
Social Characteristics
Parkers Cove vs U.S. Average
Income: Parkers Cove vs U.S.
Commute Mode
Income
| Median HH Income | $66,531 |
| 11% below US avg | |
| Per Capita Income | $41,731 |
| Avg Weekly Wage | $803 |
Employment & Poverty
| Unemployment | 5.1% |
| 42% above US avg | |
| Poverty Rate | 18.4% |
| 48% above US avg | |
| Establishments (County) | 7 |
Business (County)
Tax & Cost of Living
Commute & Transportation
| Commute Time | 27.3 min |
| Drive Alone | 81.3% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
Walkability
Home Value Sources
Ownership Split
Home Values
| Census Median | $100,000 |
| 65% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $752 |
| 35% below US avg | |
| Rent Burden | 28.7% |
Ownership & Property
| Homeownership | 100.0% |
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Housing Units | 105 |
Property Tax
Crime Rates: Parkers Cove vs U.S. Average (per 100,000)
Violent Crime
Property Crime
| Total Property | 3,500.0/100K |
| 79% above US avg | |
| Burglary | 483.9/100K |
| Theft | 2,503.4/100K |
| Vehicle Theft | 504.8/100K |
Traffic Safety
Safety Score
| Safety Grade | C+ |
| Safety Score | 2.5 / 5.0 |
Temperature
| Annual Average | 40.5°F |
| 25% below US avg | |
| January Average | 22°F (-5°C) |
| July Average | 60°F (15°C) |
| Sunny Days | 216 days/yr |
Geography
| Elevation | 374 ft (114 m) |
| Area | 1.8 sq mi (4.8 km²) |
| Population Density | 126/sq mi |
| Coordinates | 47.3999°N, 54.8650°W |
| Timezone | America/St_Johns |
Precipitation & Snow
Air Quality
Tsunami History
1 tsunami recorded within 500 km.
| Year | Location | Cause | Max Wave | Deaths | Distance |
| 1864 | SW AVALON PENINSULA, NEWFOUNDLAND | Earthquake | — | — | 134 km |
Monthly Weather
| Month | Avg Temperature | Precipitation | Summary |
|---|---|---|---|
| January | 22°F (-5°C) | 5.8 in | |
| February | 22°F (-6°C) | 5.4 in | Coldest |
| March | 27°F (-3°C) | 5.1 in | |
| April | 35°F (2°C) | 5.4 in | |
| May | 44°F (7°C) | 5.0 in | |
| June | 52°F (11°C) | 4.8 in | |
| July | 60°F (15°C) | 4.5 in | |
| August | 61°F (16°C) | 4.3 in | Warmest, Driest |
| September | 54°F (12°C) | 6.4 in | |
| October | 45°F (7°C) | 7.0 in | Wettest |
| November | 37°F (3°C) | 6.5 in | |
| December | 28°F (-2°C) | 6.0 in |
Parkers Cove has a seasonal temperature swing of 39°F / from 22°F in February to 61°F in August. Total annual precipitation is 66.1 inches, with October being the wettest month (7.0") and August the driest (4.3").
Education
| Bachelor's Degree+ | 12.5% |
| 63% below US avg | |
| High School+ | 17.5% |
| Graduate Degree+ | 0.0% |
Area & Infrastructure
| Population Density | 126/sq mi |
| Total Area | 1.8 sq mi |
Services
Commute & Transportation
| Avg Commute | 27.3 min |
| Drive Alone | 81.3% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
Airports Near Parkers Cove
1 airports within the area.
| Airport | IATA | Type |
|---|---|---|
| Winterland Airport | — | Small Airport |
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Get ReportFrequently Asked Questions About Parkers Cove
What is the population of Parkers Cove?
Parkers Cove has a population of 233 residents and is located in Newfoundland and Labrador. The population density is 126 people per square mile, spread across 1.8 square miles. The median age of residents is 55.2 years, which is older than the national median of 38.9 years. The population is 52.2% female and 50% male.
Is Parkers Cove expensive to live in?
The median household income is $66,531, 11% below the national average of $75,149. The median home value is $100,000 (65% below the U.S. median). Renters pay a median of $752 per month, below the national average of $1,163. The home price-to-income ratio is 1.5x, indicating housing is reasonably affordable relative to local income levels.
Is Parkers Cove safe?
Property crime occurs at a rate of 3,500 per 100,000 (above the national average). Overall, Parkers Cove receives a safety grade of C+ based on combined crime data.
What is the weather like in Parkers Cove?
Parkers Cove has a cool climate with an average annual temperature of 41°F (5°C). Winter temperatures average 22°F in January, while summers reach an average of 60°F in July. The area receives 216 sunny days per year. Annual rainfall totals 66.1 inches, with 27.7 inches of snow.
How is the job market in Parkers Cove?
The unemployment rate in Parkers Cove is 5.1%, somewhat above the national average of 3.6%. Job seekers may face moderate competition. The average weekly wage is $803. There are 7 business establishments in the area. The average commute time is 27 minutes, and 0.0% of workers work from home.
How much does housing cost in Parkers Cove?
The median home value in Parkers Cove is $100,000. For renters, the median monthly rent is $752. The homeownership rate is 100.0%.
How are the schools in Parkers Cove?
12.5% of adults in Parkers Cove hold a bachelor's degree or higher, below the national average of 33.7%. 17.5% have completed high school. 0.0% hold a graduate or professional degree.
What is transportation like in Parkers Cove?
The average commute in Parkers Cove is 27 minutes. 81.3% of workers drive alone to work, and 0.0% work from home.
What are the demographics of Parkers Cove?
The racial and ethnic makeup of Parkers Cove is 97.7% White. 102.2% of residents speak only English at home.