South River, NL
Full City Profile · Newfoundland and Labrador
3.1
/5.0
B
Good
674
Population
293/sq mi density
$73,000
Median Income
$49,400 per capita
$250,000
Home Value
$1,030
Median Rent
8.8% income on rent
41°F
Avg Temperature
238 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$73,000 median income, 14.3% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $1,030/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$1,030/mo
11% below
US avg: $1,163/mo
Homeownership Rate
79.0%
21% above US avg (65.4%)
Total Housing Units
285
Ownership vs. Renting
79.0%
Owner-Occupied
21.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
8.8%
of renters spending 30%+ of income on housing
72% below US avg (31.0%)
Homeownership Rate
79.0%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
Rent
| Census Median Rent | $1,030 |
Market
Ownership & Stock
| Owner-Occupied | 79.0% |
| Renter-Occupied | 21.1% |
| Homeownership Rate | 79.0% |
| Total Housing Units | 285 |
| Rent Burden | 8.8% |
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