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Reidville, NL

Newfoundland and Labrador

Reidville is a small town in Newfoundland and Labrador with a population of 550. Residents earn $68,000 per year, which is 10% below the national average.

3.0 /5.0
B Good
550 Population 24/sq mi density
$68,000 Median Income $36,800 per capita
$200,000 Home Value
$790 Median Rent 12.8% income on rent
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$68,000 median income, 13.7% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $790/mo rent
F
Education
1.5 / 5.0
5.9% bachelor's degree or higher
Median Income $68,000
10% lower than US avg
Home Value $200,000
29% lower than US avg
Bachelor's+ 5.9%
83% lower than US avg
Median Rent $790
32% lower than US avg
Unemployment 13.7%
281% higher than US avg
Poverty Rate 16.4%
32% higher than US avg

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

People

Population550
Median Age50.4 yrs
Density24/mi²
Male / Female47% / 53%
Largest GroupWhite 100%

Economy

C+
Median Income$68,000
Per Capita$36,800
Unemployment13.7%
Poverty16.4%
Commute25 min

Housing

A+
Home Value$200,000
Rent$790
OwnershipN/A
Housing Units240
Rent Burden12.8%

Climate

Avg TempN/A
Elevation125 ft (38 m)

Education

F
Bachelor's+5.9%
High School+28.4%
Graduate+2.9%

Community

Commute25 min

Is Reidville a Good Place to Live?

Based on current data, Reidville 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. Reidville offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Reidville is $68,000, 10% below the national average of $75,149. At 13.7%, unemployment is notably high. The poverty rate of 16.4% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Reidville is $200,000, 29% below the national median — offering relatively affordable homeownership. Renters pay a median of $790 per month, below the national average — a plus for affordability. At just 2.9x median income, home prices are very affordable relative to local earnings.

Education

5.9% of residents hold a bachelor's degree, below the national average of 33.7%. 28.4% have completed high school.

Reidville has a population of 550 with a density of 24 people per square mile. The median age is 50.4 years, 30% older than the national median of 38.9. The city is predominantly White (100%).

Population

550
Total Population
2021 Census
24
People / sq mi
50.4yrs
Median Age
30% above US avg
22.5mi²
Land Area

Gender Distribution

Male 47.3%
Female 52.7%

Race & Ethnicity

Reidville vs U.S. Average

Language Spoken at Home

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

Social Characteristics

Reidville vs U.S. Average

The median household income in Reidville is $68,000, which is 10% below the national average of $75,149. The unemployment rate is 13.7% (above the 3.6% US average). 16.4% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Reidville vs U.S.

Commute Mode

Income

Median HH Income$68,000
10% below US avg
Per Capita Income$36,800

Employment & Poverty

Unemployment13.7%
281% above US avg
Poverty Rate16.4%
32% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time24.5 min
Drive Alone79.6%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Reidville is $200,000, 29% below the national average. Monthly rent averages $790 (32% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$200,000
29% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$790
32% below US avg
Rent Burden12.8%

Ownership & Property

Owner-Occupied79.2%
Renter-Occupied20.8%
Housing Units240

Property Tax

5.9% of residents hold a bachelor's degree or higher (83% below US avg).

Education

Bachelor's Degree+5.9%
83% below US avg
High School+28.4%
Graduate Degree+2.9%
F Education Grade (1.5/5.0)

Urban-Rural Classification

Population Density24/sq mi
Total Area22.5 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute24.5 min
Drive Alone79.6%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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