Point May, NL

Newfoundland and Labrador

Point May is a small town in Newfoundland and Labrador with a population of 254. Residents earn $47,600 per year, which is 37% below the national average.

2.9 /5.0
C+ Fair
254 Population 10/sq mi density
$47,600 Median Income
$50,000 Home Value
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$47,600 median income, 40.0% unemployment
A+
Affordability
5.0 / 5.0
$50,000 home value
D
Education
2.0 / 5.0
0.0% bachelor's degree or higher
Median Income $47,600
37% lower than US avg
Home Value $50,000
82% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Unemployment 40.0%
1011% higher than US avg
Poverty Rate 32.5%
162% higher than US avg

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

People

Population254
Median Age60.0 yrs
Density10/mi²
Male / Female51% / 49%
Largest GroupWhite 100%

Economy

D
Median Income$47,600
Per CapitaN/A
Unemployment40.0%
Poverty32.5%
Commute24 min

Housing

A+
Home Value$50,000
RentN/A
OwnershipN/A
Housing Units115

Climate

Avg TempN/A
Elevation10 ft (3 m)

Education

D
Bachelor's+0.0%
High School+24.3%
Graduate+0.0%

Community

Commute24 min

Is Point May a Good Place to Live?

Based on current data, Point May receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Point May has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Point May is $47,600, 37% below the national average of $75,149. At 40.0%, unemployment is notably high. The poverty rate of 32.5% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 24 minutes.

Cost of Living & Housing

The median home value in Point May is $50,000, 82% below the national median — offering relatively affordable homeownership. At just 1.1x median income, home prices are very affordable relative to local earnings.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 24.3% have completed high school.

Point May has a population of 254 with a density of 10 people per square mile. The median age is 60.0 years, 54% older than the national median of 38.9. The city is predominantly White (100%).

Population

254
Total Population
2021 Census
10
People / sq mi
60.0yrs
Median Age
54% above US avg
24.4mi²
Land Area

Gender Distribution

Male 51%
Female 49%

Race & Ethnicity

Point May vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Point May vs U.S. Average

The median household income in Point May is $47,600, which is 37% below the national average of $75,149. The unemployment rate is 40.0% (above the 3.6% US average). 32.5% of residents live below the poverty line. Workers commute an average of 24 minutes.

Income: Point May vs U.S.

Commute Mode

Income

Median HH Income$47,600
37% below US avg

Employment & Poverty

Unemployment40.0%
1011% above US avg
Poverty Rate32.5%
162% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time23.8 min
Drive Alone62.5%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Point May is $50,000, 82% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$50,000
82% below US avg

Real Estate Market (Redfin)

Rental Costs

Ownership & Property

Owner-Occupied91.3%
Renter-Occupied8.7%
Housing Units115

Property Tax

0.0% of residents hold a bachelor's degree or higher (100% below US avg).

Education

Bachelor's Degree+0.0%
100% below US avg
High School+24.3%
Graduate Degree+0.0%
D Education Grade (2.0/5.0)

Urban-Rural Classification

Population Density10/sq mi
Total Area24.4 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute23.8 min
Drive Alone62.5%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

Compare Point May with another city: