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Torbay, NL
Full City Profile · Newfoundland and Labrador
3.4
/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
3.4 / 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+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher
Income Overview
Median Household Income
$108,000
44% above
US avg: $75,149
Per Capita Income
$63,550
63% above
US avg: $39,052
Unemployment Rate
9.7%
169% above
US avg: 3.6%
Poverty Rate
6.9%
44% below
US avg: 12.4%
Income Comparison: Torbay vs. U.S. Average
Each bar shows Torbay’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$108,000
144%
Per Capita
US: $39,052
$63,550
163%
Avg Weekly Wage
US: $1,432
$1,222
85%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,222
15% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
24.4%
61% above US avg (15.2%)
Drive Alone
85.1%
16% above US avg (73.2%)
Public Transit
0.8%
84% below US avg (5.0%)
How Residents Get to Work
Drive Alone
85.1%
Public Transit
0.8%
Work From Home
24.4%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
243
Complete Economy Data
Income & Wages
| Median Household Income | $108,000 |
| Per Capita Income | $63,550 |
| Avg Weekly Wage | $1,222 |
Hardship Indicators
| Unemployment Rate | 9.7% |
| Poverty Rate | 6.9% |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 85.1% |
| Public Transit | 0.8% |
| Work From Home | 24.4% |
Businesses
| Total Establishments | 243 |