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Trout River, NL

Full City Profile · Newfoundland and Labrador

2.9 /5.0
C+ Fair
508 Population 226/sq mi density
$56,800 Median Income $29,800 per capita
$100,000 Home Value
$752 Median Rent 11.6% income on rent
37°F Avg Temperature 232 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$56,800 median income, 35.7% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $752/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$100,000
65% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
215

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.6%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$100,000

Rent

Census Median Rent$752

Market

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units215
Rent Burden11.6%