Deer Lake

Small town · Newfoundland and Labrador · Population 4,864

Housing and jobs

Housing costs, rents, incomes and jobs in Deer Lake, with comparisons and sources.

47 · Average

Average monthly rent$800/month

NL: $903/month · Canada: $1,209/month · 2006: $677/month · 2016: $839/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$220,000

NL: $240,000 · Canada: $472,000 · 2016: $221,318 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing18%

NL: 14.6% · Canada: 20.9% · 2006: 20.2% · 2016: 24% · Statistics Canada, 2021

6 · Poor

Median household income$62,400

NL: $71,500 · Canada: $84,000 · 2006: $53,913 · 2016: $65,275 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-7.3%

NL: -1.8% · Canada: 5.2% · 2016: 5.1% · Statistics Canada, 2021

Unemployment rate17%

NL: 15.2% · Canada: 10.3% · 2006: 24.4% · 2016: 19.8% · Statistics Canada, 2021