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Point May, NL
Full City Profile · Newfoundland and Labrador
Point May, NL
At a Glance
How Point May Compares to the U.S. Average
Each bar shows Point May's value as a percentage of the national average (100% = U.S. avg)
Is Point May a Good Place to Live?
Economy & Jobs
Point May residents earn a median household income of $47,600 , which is 37% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 40.0% (1011% above the U.S. rate of 3.6%). 32.5% of residents live below the poverty line. The area is home to 8 business establishments.
Housing & Cost of Living
The median home value in Point May is $50,000 , 82% below the national median of $281,900. Median rent is $752/month, with 31.5% of renters spending more than 30% of income on housing.
Education
0.0% of adults in Point May hold a bachelor's degree or higher (100% below the national average). 24.3% have completed high school.
Climate & Weather
Point May has an average annual temperature of 41°F (5°C). Winters average 25°F in January while summers reach 59°F in July. The area gets 235 sunny days per year. Annual precipitation totals 55.5 inches.