Salmon Cove, NL

Newfoundland and Labrador

Salmon Cove is a small town in Newfoundland and Labrador with a population of 764. Residents earn $61,200 per year, which is 19% below the national average.

2.9 /5.0
C+ Fair
764 Population 470/sq mi density
$61,200 Median Income $37,000 per capita
$190,000 Home Value
$880 Median Rent 8.7% income on rent
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$61,200 median income, 23.9% unemployment
A+
Affordability
4.9 / 5.0
$190,000 home value, $880/mo rent
F
Education
1.4 / 5.0
4.4% bachelor's degree or higher
Median Income $61,200
19% lower than US avg
Home Value $190,000
33% lower than US avg
Bachelor's+ 4.4%
87% lower than US avg
Median Rent $880
24% lower than US avg
Unemployment 23.9%
564% higher than US avg
Poverty Rate 19.6%
58% higher than US avg

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

People

Population764
Median Age55.2 yrs
Density470/mi²
Male / Female50% / 50%
Largest GroupWhite 100%

Economy

C
Median Income$61,200
Per Capita$37,000
Unemployment23.9%
Poverty19.6%
Commute34 min

Housing

A+
Home Value$190,000
Rent$880
OwnershipN/A
Housing Units340
Rent Burden8.7%

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg TempN/A
AQIN/A
Elevation13 ft

Education

F
Bachelor's+4.4%
High School+25.9%
Graduate+1.5%

Community

Commute34 min

Is Salmon Cove a Good Place to Live?

Based on current data, Salmon Cove receives an overall livability score of 2.9 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. Salmon Cove has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Salmon Cove is $61,200, 19% below the national average of $75,149. At 23.9%, unemployment is notably high. The poverty rate of 19.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 34 minutes.

Cost of Living & Housing

The median home value in Salmon Cove is $190,000, 33% below the national median — offering relatively affordable homeownership. Renters pay a median of $880 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.

Education

4.4% of residents hold a bachelor's degree, below the national average of 33.7%. 25.9% have completed high school.

Salmon Cove has a population of 764 with a density of 470 people per square mile. The median age is 55.2 years, 42% older than the national median of 38.9. The city is predominantly White (100%).

Population

764
Total Population
2021 Census
470
People / sq mi
55.2yrs
Median Age
42% above US avg
1.6mi²
Land Area

Gender Distribution

Male 49.7%
Female 49.7%

Race & Ethnicity

Salmon Cove vs U.S. Average

Language Spoken at Home

English Only99.4%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Salmon Cove vs U.S. Average

The median household income in Salmon Cove is $61,200, which is 19% below the national average of $75,149. The unemployment rate is 23.9% (above the 3.6% US average). 19.6% of residents live below the poverty line. Workers commute an average of 34 minutes.

Income: Salmon Cove vs U.S.

Commute Mode

Income

Median HH Income$61,200
19% below US avg
Per Capita Income$37,000

Employment & Poverty

Unemployment23.9%
564% above US avg
Poverty Rate19.6%
58% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time33.6 min
Drive Alone77.6%
Public Transit0.0%
Work from Home4.1%

Walkability

The median home value in Salmon Cove is $190,000, 33% below the national average. Monthly rent averages $880 (24% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$190,000
33% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$880
24% below US avg
Rent Burden8.7%

Ownership & Property

Owner-Occupied91.2%
Renter-Occupied8.8%
Housing Units340

Property Tax

Health Metrics: Salmon Cove vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Food & Exercise

Crime Rates: Salmon Cove vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Safety Score

Temperature

Precipitation & Snow

Air Quality

Geography

Elevation13 ft (4 m)
Area1.6 sq mi (4.2 km²)
Population Density470/sq mi
Coordinates47.7832°N, 53.1648°W
TimezoneAmerica/St_Johns
4.4% of residents hold a bachelor's degree or higher (87% below US avg).

Education

Bachelor's Degree+4.4%
87% below US avg
High School+25.9%
Graduate Degree+1.5%
F Education Grade (1.4/5.0)

Urban-Rural Classification

Population Density470/sq mi
Total Area1.6 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute33.6 min
Drive Alone77.6%
Public Transit0.0%
Work from Home4.1%

Nearby Cities

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