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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

Housing Overview

Median Home Value
$276,000
2% below
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
87.8%
34% above US avg (65.4%)
Total Housing Units
410

Ownership vs. Renting

87.8%
Owner-Occupied
12.2%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
16.9%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Homeownership Rate
87.8%

Complete Housing Data

Home Values

Census Median Value$276,000

Rent

Census Median Rent$1,050

Market

Ownership & Stock

Owner-Occupied87.8%
Renter-Occupied12.2%
Homeownership Rate87.8%
Total Housing Units410
Rent Burden16.9%