Is Petty Harbour-Maddox Cove a Good Place to Live?
Based on current data, Petty Harbour-Maddox Cove receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, strong internet connectivity. Areas to be aware of include above-average unemployment. Petty Harbour-Maddox Cove offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Petty Harbour-Maddox Cove is $87,000, 16% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 12.3%, unemployment is notably high. 8.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 23 minutes.
Cost of Living & Housing
The median home value in Petty Harbour-Maddox Cove is $276,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,050 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.2x indicates a reasonably affordable housing market.
Education
11.1% of residents hold a bachelor's degree, below the national average of 33.7%. 31.0% have completed high school.
Climate & Weather
Petty Harbour-Maddox Cove has a cool climate with an average annual temperature of 44°F. Winters average 33°F in January while summers reach 65°F in July. With 160 sunny days, the area sees less sunshine than many U.S. cities. Annual precipitation totals 60.6 inches, including 103.7 inches of snow. Air quality is rated Good with a median AQI of 27.