Vernon River, PE

Full City Profile · Prince Edward Island

3.1 /5.0
B Good
2,499 Population 29/sq mi density
$83,000 Median Income $44,720 per capita
$250,000 Home Value
$795 Median Rent 6.5% income on rent
42°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$83,000 median income, 11.2% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $795/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher

Vernon River, PE

At a Glance

Median Income
$83,000
10% above
$44,720 per capita
Home Value
$250,000
11% below
Median Rent
$795/mo
32% below
6.5% of income on rent
Bachelor's Degree+
10.6%
69% below
25.9% high school+
Unemployment
11.2%
211% above
10.9% poverty rate
Avg Temperature
42°F

How Vernon River Compares to the U.S. Average

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

Income
110%
Home Value
89%
Rent
68%
Poverty
88%
Bachelor's
31%
Unemployment
311%
Thin vertical line = U.S. national average (100%)

Is Vernon River a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Vernon River residents earn a median household income of $83,000 , which is 10% above the national average of $75,149. Per capita income is $44,720. The unemployment rate stands at 11.2% (211% above the U.S. rate of 3.6%). 10.9% of residents live below the poverty line. The area is home to 77 business establishments.

Housing & Cost of Living

The median home value in Vernon River is $250,000 , 11% below the national median of $281,900. Median rent is $795/month, with 6.5% of renters spending more than 30% of income on housing.

Education

10.6% of adults in Vernon River hold a bachelor's degree or higher (69% below the national average). 25.9% have completed high school.

Climate & Weather

Vernon River has an average annual temperature of 42°F (5°C). Winters average 19°F in January while summers reach 65°F in July. Annual precipitation totals 48.7 inches.

Data Overview

People

Population2,499
Median Age37.2 yrs
Density29/mi²
Male / Female47% / 53%

Economy

B
Median Income$83,000
Per Capita$44,720
Unemployment11.2%
Poverty10.9%
Avg Weekly Wage$860

Housing

A+
Home Value$250,000
Rent$795
Ownership92.7%
Housing Units885
Rent Burden6.5%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp42°F
Rain48.7 in/yr
Elevation75 ft

Education

D
Bachelor's+10.6%
High School+25.9%
Graduate+2.8%

Community

Commute29 min