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Petty Harbour-Maddox Cove, NL

Full City Profile · Newfoundland and Labrador

3.2 /5.0
B Good
947 Population 558/sq mi density
$87,000 Median Income $45,500 per capita
$276,000 Home Value
$1,050 Median Rent 16.9% income on rent
44°F Avg Temperature 160 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$87,000 median income, 12.3% unemployment
A+
Affordability
4.9 / 5.0
$276,000 home value, $1,050/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher

Petty Harbour-Maddox Cove, NL

At a Glance

Median Income
$87,000
16% above
$45,500 per capita
Home Value
$276,000
2% below
Median Rent
$1,050/mo
10% below
16.9% of income on rent
Bachelor's Degree+
11.1%
67% below
31.0% high school+
Unemployment
12.3%
242% above
8.8% poverty rate
Avg Temperature
44°F
160 sunny days/yr

How Petty Harbour-Maddox Cove Compares to the U.S. Average

Each bar shows Petty Harbour-Maddox Cove's value as a percentage of the national average (100% = U.S. avg)

Income
116%
Home Value
98%
Rent
90%
Poverty
71%
Bachelor's
33%
Unemployment
342%
Thin vertical line = U.S. national average (100%)

Is Petty Harbour-Maddox Cove a Good Place to Live?

B
3.2 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Petty Harbour-Maddox Cove residents earn a median household income of $87,000 , which is 16% above the national average of $75,149. Per capita income is $45,500. The unemployment rate stands at 12.3% (242% above the U.S. rate of 3.6%). 8.8% of residents live below the poverty line. The area is home to 29 business establishments.

Housing & Cost of Living

The median home value in Petty Harbour-Maddox Cove is $276,000 , 2% below the national median of $281,900. Median rent is $1,050/month, with 16.9% of renters spending more than 30% of income on housing.

Education

11.1% of adults in Petty Harbour-Maddox Cove hold a bachelor's degree or higher (67% below the national average). 31.0% have completed high school.

Climate & Weather

Petty Harbour-Maddox Cove has an average annual temperature of 44°F (6°C). Winters average 33°F in January while summers reach 65°F in July. The area gets 160 sunny days per year. Annual precipitation totals 60.6 inches.

Data Overview

People

Population947
Median Age47.2 yrs
Density558/mi²
Male / Female50% / 51%

Economy

B
Median Income$87,000
Per Capita$45,500
Unemployment12.3%
Poverty8.8%
Avg Weekly Wage$875

Housing

A+
Home Value$276,000
Rent$1,050
Ownership87.8%
Housing Units410
Rent Burden16.9%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp44°F
Sunny Days160/yr
Rain60.6 in/yr
Elevation92 ft

Education

D
Bachelor's+11.1%
High School+31.0%
Graduate+4.1%

Community

Commute23 min