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Riverhead, NL
Full City Profile · Newfoundland and Labrador
Riverhead, NL
At a Glance
How Riverhead Compares to the U.S. Average
Each bar shows Riverhead's value as a percentage of the national average (100% = U.S. avg)
Is Riverhead a Good Place to Live?
Economy & Jobs
Riverhead residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 29.4% (717% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 5 business establishments.
Housing & Cost of Living
The median home value in Riverhead is $150,000 , 47% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.
Education
7.3% of adults in Riverhead hold a bachelor's degree or higher (78% below the national average). 36.6% have completed high school.
Climate & Weather
Riverhead has an average annual temperature of 42°F (5°C). Winters average 26°F in January while summers reach 58°F in July. The area gets 225 sunny days per year. Annual precipitation totals 61.1 inches.