All Countries
Salmon Cove, NL
Full City Profile · Newfoundland and Labrador
Salmon Cove, NL
At a Glance
How Salmon Cove Compares to the U.S. Average
Each bar shows Salmon Cove's value as a percentage of the national average (100% = U.S. avg)
Is Salmon Cove a Good Place to Live?
Economy & Jobs
Salmon Cove residents earn a median household income of $61,200 , which is 19% below the national average of $75,149. Per capita income is $37,000. The unemployment rate stands at 23.9% (564% above the U.S. rate of 3.6%). 19.6% of residents live below the poverty line. The area is home to 24 business establishments.
Housing & Cost of Living
The median home value in Salmon Cove is $190,000 , 33% below the national median of $281,900. Median rent is $880/month, with 8.7% of renters spending more than 30% of income on housing.
Education
4.4% of adults in Salmon Cove hold a bachelor's degree or higher (87% below the national average). 25.9% have completed high school.
Climate & Weather
Salmon Cove has an average annual temperature of 41°F (5°C). Winters average 24°F in January while summers reach 60°F in July. The area gets 241 sunny days per year. Annual precipitation totals 52.2 inches.