Torbay, NL

Newfoundland and Labrador

Torbay is a small city in Newfoundland and Labrador with a population of 7,852. Residents earn $108,000 per year, which is 44% above the national average.

3.7 /5.0
B+ Good
7,852 Population 583/sq mi density
$108,000 Median Income $63,550 per capita
$348,000 Home Value
$950 Median Rent 14.1% income on rent
44°F Avg Temperature 160 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$108,000 median income, 9.7% unemployment
A+
Affordability
4.9 / 5.0
$348,000 home value, $950/mo rent
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher
Median Income $108,000
44% higher than US avg
Home Value $348,000
23% higher than US avg
Bachelor's+ 16.2%
52% lower than US avg
Median Rent $950
18% lower than US avg
Unemployment 9.7%
169% higher than US avg
Poverty Rate 6.9%
44% lower than US avg

How Torbay Compares to the U.S. Average (100% = U.S. avg)

People

Population7,852
Median Age42.8 yrs
Density583/mi²
Male / Female49% / 51%
Largest GroupWhite 99%

Economy

B+
Median Income$108,000
Per Capita$63,550
Unemployment9.7%
Poverty6.9%
Commute22 min

Housing

A+
Home Value$348,000
Rent$950
OwnershipN/A
Housing Units2,985
Rent Burden14.1%

Climate

Avg Temp44°F (6°C)
Rain60.6 in/yr
Sunny Days160/yr
Elevation246 ft (75 m)

Education

C
Bachelor's+16.2%
High School+27.0%
Graduate+5.9%

Community

Commute22 min

Is Torbay a Good Place to Live?

Based on current data, Torbay receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include above-average unemployment. Torbay offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Torbay is $108,000, which is significantly higher than the national average — 44% above $75,149. This places Torbay among higher-income communities. At 9.7%, unemployment is notably high. Only 6.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Torbay is $348,000, 23% above the national median. Renters pay a median of $950 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.2x indicates a reasonably affordable housing market.

Education

16.2% of residents hold a bachelor's degree, below the national average of 33.7%. 27.0% have completed high school.

Climate & Weather

Torbay has a cool climate with an average annual temperature of 44°F. Winters average 33°F in January while summers reach 65°F in July. With 160 sunny days, the area sees less sunshine than many U.S. cities. Annual precipitation totals 60.6 inches, including 103.7 inches of snow.

Torbay has a population of 7,852 with a density of 583 people per square mile. The median age is 42.8 years, 10% older than the national median of 38.9. The city is predominantly White (98.6%).

Population

7,852
Total Population
2021 Census
583
People / sq mi
42.8yrs
Median Age
10% above US avg
13.5mi²
Land Area

Gender Distribution

Male 49.4%
Female 50.6%

Race & Ethnicity

Torbay vs U.S. Average

Language Spoken at Home

English Only98.2%
25% above US avg
Spanish0.3%
98% below US avg
Other Languages1.5%

Social Characteristics

Torbay vs U.S. Average

The median household income in Torbay is $108,000, which is 44% above the national average of $75,149. The unemployment rate is 9.7% (above the 3.6% US average). 6.9% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Torbay vs U.S.

Commute Mode

Income

Median HH Income$108,000
44% above US avg
Per Capita Income$63,550

Employment & Poverty

Unemployment9.7%
169% above US avg
Poverty Rate6.9%
44% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time21.8 min
Drive Alone85.1%
Public Transit0.8%
Work from Home24.4%

Walkability

The median home value in Torbay is $348,000, 23% above the national average. Monthly rent averages $950 (18% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$348,000
23% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$950
18% below US avg
Rent Burden14.1%

Ownership & Property

Owner-Occupied82.4%
Renter-Occupied17.6%
Housing Units2,985

Property Tax

Torbay has an average annual temperature of 44°F (6°C). Winters average 33°F in January while summers reach 65°F in July. Annual precipitation is 60.6 inches. The area enjoys 160 sunny days per year.

Temperature

33°F Jan (1°C) 65°F Jul (18°C)
Annual Average43.6°F
19% below US avg
January Average33°F (1°C)
July Average65°F (18°C)
Sunny Days160 days/yr

Precipitation & Snow

Annual Rainfall60.6 inches
59% above US avg
Snowfall103.7 inches/yr

Air Quality

Geography

Elevation246 ft (75 m)
Area13.5 sq mi (34.9 km²)
Population Density583/sq mi
Coordinates47.6666°N, 52.7314°W
TimezoneAmerica/St_Johns
16.2% of residents hold a bachelor's degree or higher (52% below US avg).

Education

Bachelor's Degree+16.2%
52% below US avg
High School+27.0%
Graduate Degree+5.9%
C Education Grade (2.3/5.0)

Urban-Rural Classification

Population Density583/sq mi
Total Area13.5 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute21.8 min
Drive Alone85.1%
Public Transit0.8%
Work from Home24.4%

Nearby Cities

Flatrock, NL 1,722 pop · 2.4 mi Logy Bay-Middle Cove-Outer Cove, NL 2,364 pop · 3.3 mi Spruce Meadows, NL 2,288 pop · 4.4 mi Airport Heights, NL 4,956 pop · 4.7 mi East Meadows, NL 1,580 pop · 4.9 mi Little Canada, NL 3,148 pop · 5.0 mi Mount Cashel, NL 6,047 pop · 5.5 mi Division No. 1, Subd. G, NL 1,673 pop · 5.7 mi Division No. 4, Subd. D, NL 1,212 pop · 5.7 mi Division No. 4, Subd. B, NL 1,140 pop · 5.7 mi Division No. 4, Subd. E, NL 1,467 pop · 5.7 mi Division No. 4, Subd. A, NL 1,530 pop · 5.7 mi Division No. 7, Subd. E, NL 2,573 pop · 5.7 mi Division No. 7, Subd. K, NL 1,153 pop · 5.7 mi
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