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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
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
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
D
Education
1.8 / 5.0
9.5% bachelor's degree or higher
Housing Overview
Median Home Value
$200,000
29% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
90.9%
39% above US avg (65.4%)
Total Housing Units
55
Ownership vs. Renting
90.9%
Owner-Occupied
9.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Homeownership Rate
90.9%
Complete Housing Data
Home Values
| Census Median Value | $200,000 |
Rent
| Census Median Rent | $752 |
Market
Ownership & Stock
| Owner-Occupied | 90.9% |
| Renter-Occupied | 9.1% |
| Homeownership Rate | 90.9% |
| Total Housing Units | 55 |
| Rent Burden | 28.7% |