Placentia, NL

Newfoundland and Labrador

Placentia is a small town in Newfoundland and Labrador with a population of 3,289. Residents earn $59,600 per year, which is 21% below the national average.

3.0 /5.0
B Good
3,289 Population 147/sq mi density
$59,600 Median Income $44,200 per capita
$150,000 Home Value
$665 Median Rent 10.7% income on rent
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$59,600 median income, 16.4% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $665/mo rent
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Median Income $59,600
21% lower than US avg
Home Value $150,000
47% lower than US avg
Bachelor's+ 7.8%
77% lower than US avg
Median Rent $665
43% lower than US avg
Unemployment 16.4%
356% higher than US avg
Poverty Rate 17.1%
38% higher than US avg

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

People

Population3,289
Median Age56.4 yrs
Density147/mi²
Male / Female50% / 50%
Largest GroupWhite 99%

Economy

C
Median Income$59,600
Per Capita$44,200
Unemployment16.4%
Poverty17.1%
Commute23 min

Housing

A+
Home Value$150,000
Rent$665
OwnershipN/A
Housing Units1,545
Rent Burden10.7%

Education

D
Bachelor's+7.8%
High School+24.8%
Graduate+2.3%

Community

Commute23 min

Is Placentia a Good Place to Live?

Based on current data, Placentia receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Placentia offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Placentia is $59,600, 21% below the national average of $75,149. At 16.4%, unemployment is notably high. The poverty rate of 17.1% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 23 minutes.

Cost of Living & Housing

The median home value in Placentia is $150,000, 47% below the national median — offering relatively affordable homeownership. Renters pay a median of $665 per month, below the national average — a plus for affordability. At just 2.5x median income, home prices are very affordable relative to local earnings.

Education

7.8% of residents hold a bachelor's degree, below the national average of 33.7%. 24.8% have completed high school.

Placentia has a population of 3,289 with a density of 147 people per square mile. The median age is 56.4 years, 45% older than the national median of 38.9. The city is predominantly White (99.1%).

Population

3,289
Total Population
2021 Census
147
People / sq mi
56.4yrs
Median Age
45% above US avg
22.3mi²
Land Area

Gender Distribution

Male 50%
Female 49.9%

Race & Ethnicity

Placentia vs U.S. Average

Language Spoken at Home

English Only98.9%
26% above US avg
Spanish0.2%
99% below US avg

Social Characteristics

Placentia vs U.S. Average

The median household income in Placentia is $59,600, which is 21% below the national average of $75,149. The unemployment rate is 16.4% (above the 3.6% US average). 17.1% of residents live below the poverty line. Workers commute an average of 23 minutes.

Income: Placentia vs U.S.

Commute Mode

Income

Median HH Income$59,600
21% below US avg
Per Capita Income$44,200

Employment & Poverty

Unemployment16.4%
356% above US avg
Poverty Rate17.1%
38% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time23.1 min
Drive Alone83.5%
Public Transit0.9%
Work from Home7.6%

Walkability

The median home value in Placentia is $150,000, 47% below the national average. Monthly rent averages $665 (43% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$150,000
47% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$665
43% below US avg
Rent Burden10.7%

Ownership & Property

Owner-Occupied81.6%
Renter-Occupied18.5%
Housing Units1,545

Property Tax

7.8% of residents hold a bachelor's degree or higher (77% below US avg).

Education

Bachelor's Degree+7.8%
77% below US avg
High School+24.8%
Graduate Degree+2.3%
D Education Grade (1.6/5.0)

Urban-Rural Classification

Population Density147/sq mi
Total Area22.3 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute23.1 min
Drive Alone83.5%
Public Transit0.9%
Work from Home7.6%

Nearby Cities

St. Mary's, NS 2,161 pop · 28.4 mi Clarke's Beach, NL 1,400 pop · 38.4 mi Harbour Main-Chapel's Cove-Lakeview, NL 1,065 pop · 39.6 mi Holyrood, NL 2,471 pop · 40.4 mi Bay Roberts, NL 5,974 pop · 41.4 mi Spaniard's Bay, NL 2,630 pop · 41.5 mi Upper Island Cove, NL 1,401 pop · 45.4 mi Harbour Grace, NL 2,796 pop · 46.4 mi Conception Bay South, NL 27,168 pop · 48.9 mi Carbonear, NL 4,696 pop · 49.1 mi Victoria, NL 1,658 pop · 50.3 mi Witless Bay, NL 1,640 pop · 53.3 mi Bay Bulls, NL 1,566 pop · 54.2 mi Paradise, NL 22,957 pop · 54.7 mi
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