Southwood Park, NB
Full City Profile · New Brunswick
Southwood Park, NB
At a Glance
How Southwood Park Compares to the U.S. Average
Each bar shows Southwood Park's value as a percentage of the national average (100% = U.S. avg)
Is Southwood Park a Good Place to Live?
Economy & Jobs
Southwood Park residents earn a median household income of $65,612 , which is 13% below the national average of $75,149. Per capita income is $40,536. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 16.5% of residents live below the poverty line. The area is home to 83 business establishments.
Housing & Cost of Living
The median home value in Southwood Park is $148,932 , 47% below the national median of $281,900. Median rent is $666/month, with 28.3% of renters spending more than 30% of income on housing.
Education
32.9% of adults in Southwood Park hold a bachelor's degree or higher (2% below the national average). 87.4% have completed high school.
Climate & Weather
Southwood Park has an average annual temperature of 42°F (5°C). Winters average 14°F in January while summers reach 67°F in July. The area gets 254 sunny days per year. Annual precipitation totals 45.2 inches.
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