Terra Nova, NL

Full City Profile · Newfoundland and Labrador

3.1 /5.0

B Good

99 Population 105/sq mi density

$66,531 Median Income $41,731 per capita

$200,000 Home Value

$752 Median Rent 28.7% income on rent

40°F Avg Temperature 257 sunny days/yr

Overall

3.1 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.2 / 5.0

$66,531 median income, 5.1% unemployment

A+

Affordability

5.0 / 5.0

$200,000 home value, $752/mo rent

C+

Safety

2.5 / 5.0

Education

1.8 / 5.0

9.5% bachelor's degree or higher

Terra Nova, NL

At a Glance

Median Income

$66,531

11% below

$41,731 per capita

Home Value

$200,000

29% below

Median Rent

$752/mo

35% below

28.7% of income on rent

Bachelor's Degree+

9.5%

72% below

33.3% high school+

Unemployment

5.1%

42% above

18.4% poverty rate

Avg Temperature

40°F

257 sunny days/yr

How Terra Nova Compares to the U.S. Average

Each bar shows Terra Nova's value as a percentage of the national average (100% = U.S. avg)

Income

89%

Home Value

71%

Rent

65%

Poverty

148%

Bachelor's

28%

Unemployment

142%

Thin vertical line = U.S. national average (100%)

Is Terra Nova a Good Place to Live?

3.1 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Terra Nova residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 3 business establishments.

Housing & Cost of Living

The median home value in Terra Nova is $200,000 , 29% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.

Education

9.5% of adults in Terra Nova hold a bachelor's degree or higher (72% below the national average). 33.3% have completed high school.

Climate & Weather

Terra Nova has an average annual temperature of 40°F (4°C). Winters average 19°F in January while summers reach 61°F in July. The area gets 257 sunny days per year. Annual precipitation totals 43.5 inches.

Data Overview

People

Population99

Median Age67.0 yrs

Density105/mi²

Male / Female50% / 55%

Economy

Median Income$66,531

Per Capita$41,731

Unemployment5.1%

Poverty18.4%

Avg Weekly Wage$803

Housing

A+

Home Value$200,000

Rent$752

Ownership90.9%

Housing Units55

Rent Burden28.7%

Crime

C+

Property3,500/100K

Burglary484/100K

Climate

Avg Temp40°F

Sunny Days257/yr

Rain43.5 in/yr

Elevation351 ft

Education

Bachelor's+9.5%

High School+33.3%

Graduate+0.0%

Community

Commute25 min