Ramea, NL

Newfoundland and Labrador

Ramea is a small town in Newfoundland and Labrador with a population of 388. Residents earn $47,200 per year, which is 37% below the national average.

2.6 /5.0
C+ Fair
388 Population 541/sq mi density
$47,200 Median Income $31,500 per capita
$20,000 Home Value
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$47,200 median income, 33.3% unemployment
A+
Affordability
5.0 / 5.0
$20,000 home value
F
Education
1.3 / 5.0
4.3% bachelor's degree or higher
Median Income $47,200
37% lower than US avg
Home Value $20,000
93% lower than US avg
Bachelor's+ 4.3%
87% lower than US avg
Unemployment 33.3%
825% higher than US avg
Poverty Rate 28.0%
126% higher than US avg

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

People

Population388
Median Age62.4 yrs
Density541/mi²
Male / Female49% / 51%
Largest GroupWhite 100%

Economy

D
Median Income$47,200
Per Capita$31,500
Unemployment33.3%
Poverty28.0%
Commute18 min

Housing

A+
Home Value$20,000
RentN/A
OwnershipN/A
Housing Units205
Rent Burden0.0%

Climate

Avg TempN/A
Elevation33 ft (10 m)

Education

F
Bachelor's+4.3%
High School+27.1%
Graduate+0.0%

Community

Commute18 min

Is Ramea a Good Place to Live?

Based on current data, Ramea receives an overall livability score of 2.6 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. Ramea has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Ramea is $47,200, 37% below the national average of $75,149. At 33.3%, unemployment is notably high. The poverty rate of 28.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 18 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Ramea is $20,000, 93% below the national median — offering relatively affordable homeownership. At just 0.4x median income, home prices are very affordable relative to local earnings.

Education

4.3% of residents hold a bachelor's degree, below the national average of 33.7%. 27.1% have completed high school.

Ramea has a population of 388 with a density of 541 people per square mile. The median age is 62.4 years, 60% older than the national median of 38.9. The city is predominantly White (100%).

Population

388
Total Population
2021 Census
541
People / sq mi
62.4yrs
Median Age
60% above US avg
0.7mi²
Land Area

Gender Distribution

Male 48.7%
Female 51.3%

Race & Ethnicity

Ramea vs U.S. Average

Language Spoken at Home

English Only98.7%
26% above US avg
Spanish0.0%
100% below US avg
Other Languages1.3%

Social Characteristics

Ramea vs U.S. Average

The median household income in Ramea is $47,200, which is 37% below the national average of $75,149. The unemployment rate is 33.3% (above the 3.6% US average). 28.0% of residents live below the poverty line. Workers commute an average of 18 minutes.

Income: Ramea vs U.S.

Commute Mode

Income

Median HH Income$47,200
37% below US avg
Per Capita Income$31,500

Employment & Poverty

Unemployment33.3%
825% above US avg
Poverty Rate28.0%
126% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time17.8 min
Drive Alone40.0%
Public Transit0.0%
Work from Home20.0%

Walkability

The median home value in Ramea is $20,000, 93% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$20,000
93% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden0.0%

Ownership & Property

Owner-Occupied100.0%
Renter-Occupied0.0%
Housing Units205

Property Tax

4.3% of residents hold a bachelor's degree or higher (87% below US avg).

Education

Bachelor's Degree+4.3%
87% below US avg
High School+27.1%
Graduate Degree+0.0%
F Education Grade (1.3/5.0)

Urban-Rural Classification

Population Density541/sq mi
Total Area0.7 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute17.8 min
Drive Alone40.0%
Public Transit0.0%
Work from Home20.0%

Nearby Cities

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