Pouch Cove, NL

Newfoundland and Labrador

Pouch Cove is a small town in Newfoundland and Labrador with a population of 2,063. Residents earn $83,000 per year, which is 10% above the national average.

3.3 /5.0
B Good
2,063 Population 92/sq mi density
$83,000 Median Income $46,080 per capita
$250,000 Home Value
$1,040 Median Rent 12.7% income on rent
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$83,000 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $1,040/mo rent
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher
Median Income $83,000
10% higher than US avg
Home Value $250,000
11% lower than US avg
Bachelor's+ 6.4%
81% lower than US avg
Median Rent $1,040
11% lower than US avg
Unemployment 9.1%
153% higher than US avg
Poverty Rate 10.2%
18% lower than US avg

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

People

Population2,063
Median Age43.2 yrs
Density92/mi²
Male / Female50% / 50%
Largest GroupWhite 99%

Economy

B
Median Income$83,000
Per Capita$46,080
Unemployment9.1%
Poverty10.2%
Commute32 min

Housing

A+
Home Value$250,000
Rent$1,040
OwnershipN/A
Housing Units820
Rent Burden12.7%

Climate

Avg TempN/A
Elevation43 ft (13 m)

Education

D
Bachelor's+6.4%
High School+30.4%
Graduate+2.9%

Community

Commute32 min

Is Pouch Cove a Good Place to Live?

Based on current data, Pouch Cove receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. Pouch Cove offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Pouch Cove is $83,000, roughly in line with the national average of $75,149. At 9.1%, unemployment is notably high. 10.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Pouch Cove is $250,000, 11% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,040 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.

Education

6.4% of residents hold a bachelor's degree, below the national average of 33.7%. 30.4% have completed high school.

Pouch Cove has a population of 2,063 with a density of 92 people per square mile. The median age is 43.2 years, 11% older than the national median of 38.9. The city is predominantly White (99%).

Population

2,063
Total Population
2021 Census
92
People / sq mi
43.2yrs
Median Age
11% above US avg
22.5mi²
Land Area

Gender Distribution

Male 49.6%
Female 50.4%

Race & Ethnicity

Pouch Cove vs U.S. Average

Language Spoken at Home

English Only98.3%
25% above US avg
Spanish0.7%
95% below US avg

Social Characteristics

Pouch Cove vs U.S. Average

The median household income in Pouch Cove is $83,000, which is 10% above the national average of $75,149. The unemployment rate is 9.1% (above the 3.6% US average). 10.2% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Pouch Cove vs U.S.

Commute Mode

Income

Median HH Income$83,000
10% above US avg
Per Capita Income$46,080

Employment & Poverty

Unemployment9.1%
153% above US avg
Poverty Rate10.2%
18% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time31.6 min
Drive Alone86.6%
Public Transit0.0%
Work from Home14.7%

Walkability

The median home value in Pouch Cove is $250,000, 11% below the national average. Monthly rent averages $1,040 (11% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$250,000
11% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,040
11% below US avg
Rent Burden12.7%

Ownership & Property

Owner-Occupied89.6%
Renter-Occupied10.4%
Housing Units820

Property Tax

6.4% of residents hold a bachelor's degree or higher (81% below US avg).

Education

Bachelor's Degree+6.4%
81% below US avg
High School+30.4%
Graduate Degree+2.9%
D Education Grade (1.5/5.0)

Urban-Rural Classification

Population Density92/sq mi
Total Area22.5 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute31.6 min
Drive Alone86.6%
Public Transit0.0%
Work from Home14.7%

Nearby Cities

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