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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
79%
21%
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-Occupied79.0%
Renter-Occupied21.1%
Homeownership Rate79.0%
Total Housing Units285
Rent Burden8.8%