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
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-Occupied | 87.8% |
| Renter-Occupied | 12.2% |
| Homeownership Rate | 87.8% |
| Total Housing Units | 410 |
| Rent Burden | 16.9% |
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