Peterview, NL

Newfoundland and Labrador

Peterview is a small town in Newfoundland and Labrador with a population of 723. Residents earn $51,200 per year, which is 32% below the national average.

2.9 /5.0
C+ Fair
723 Population 296/sq mi density
$51,200 Median Income $28,400 per capita
$125,000 Home Value
$755 Median Rent 21.4% income on rent
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$51,200 median income, 28.3% unemployment
A+
Affordability
5.0 / 5.0
$125,000 home value, $755/mo rent
C
Education
2.2 / 5.0
0.0% bachelor's degree or higher
Median Income $51,200
32% lower than US avg
Home Value $125,000
56% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Median Rent $755
35% lower than US avg
Unemployment 28.3%
686% higher than US avg
Poverty Rate 34.4%
177% higher than US avg

How Peterview Compares to the U.S. Average (100% = U.S. avg)

People

Population723
Median Age49.6 yrs
Density296/mi²
Male / Female51% / 48%
Largest GroupWhite 100%

Economy

D
Median Income$51,200
Per Capita$28,400
Unemployment28.3%
Poverty34.4%
Commute27 min

Housing

A+
Home Value$125,000
Rent$755
OwnershipN/A
Housing Units280
Rent Burden21.4%

Climate

Avg TempN/A
Elevation52 ft (16 m)

Education

C
Bachelor's+0.0%
High School+29.8%
Graduate+0.0%

Community

Commute27 min

Is Peterview a Good Place to Live?

Based on current data, Peterview receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Peterview has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Peterview is $51,200, 32% below the national average of $75,149. At 28.3%, unemployment is notably high. The poverty rate of 34.4% 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 Peterview is $125,000, 56% below the national median — offering relatively affordable homeownership. Renters pay a median of $755 per month, below the national average — a plus for affordability. At just 2.4x median income, home prices are very affordable relative to local earnings.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 29.8% have completed high school.

Peterview has a population of 723 with a density of 296 people per square mile. The median age is 49.6 years, 28% older than the national median of 38.9. The city is predominantly White (100%).

Population

723
Total Population
2021 Census
296
People / sq mi
49.6yrs
Median Age
28% above US avg
2.5mi²
Land Area

Gender Distribution

Male 51%
Female 48.3%

Race & Ethnicity

Peterview vs U.S. Average

Language Spoken at Home

English Only99.3%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Peterview vs U.S. Average

The median household income in Peterview is $51,200, which is 32% below the national average of $75,149. The unemployment rate is 28.3% (above the 3.6% US average). 34.4% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Peterview vs U.S.

Commute Mode

Income

Median HH Income$51,200
32% below US avg
Per Capita Income$28,400

Employment & Poverty

Unemployment28.3%
686% above US avg
Poverty Rate34.4%
177% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time26.7 min
Drive Alone91.7%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Peterview is $125,000, 56% below the national average. Monthly rent averages $755 (35% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$125,000
56% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$755
35% below US avg
Rent Burden21.4%

Ownership & Property

Owner-Occupied69.6%
Renter-Occupied30.4%
Housing Units280

Property Tax

0.0% of residents hold a bachelor's degree or higher (100% below US avg).

Education

Bachelor's Degree+0.0%
100% below US avg
High School+29.8%
Graduate Degree+0.0%
C Education Grade (2.2/5.0)

Urban-Rural Classification

Population Density296/sq mi
Total Area2.5 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute26.7 min
Drive Alone91.7%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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