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Riverhead, NL
Full City Profile · Newfoundland and Labrador
2.9
/5.0
C+
Fair
165
Population
4/sq mi density
$66,531
Median Income
$41,731 per capita
$150,000
Home Value
$752
Median Rent
28.7% income on rent
42°F
Avg Temperature
225 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$66,531 median income, 29.4% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $752/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher
Housing Overview
Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
95.2%
46% above US avg (65.4%)
Total Housing Units
105
Ownership vs. Renting
95.2%
Owner-Occupied
4.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Homeownership Rate
95.2%
Complete Housing Data
Home Values
| Census Median Value | $150,000 |
Rent
| Census Median Rent | $752 |
Market
Ownership & Stock
| Owner-Occupied | 95.2% |
| Renter-Occupied | 4.8% |
| Homeownership Rate | 95.2% |
| Total Housing Units | 105 |
| Rent Burden | 28.7% |