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AreaScore

Division No. 1, Subd. M

Small town · Newfoundland and Labrador · Population 1,145

Housing and jobs

Housing costs, rents, incomes and jobs in Division No. 1, Subd. M, with comparisons and sources.

Affordability

70 · Good
Average monthly rent$720/month

NL: $903/month · Canada: $1,209/month · 2006: $517/month · 2016: $816/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$250,000

NL: $240,000 · Canada: $472,000 · 2016: $220,929 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing6.7%

NL: 14.6% · Canada: 20.9% · 2006: 9.6% · 2016: 12% · Statistics Canada, 2021

Economy

41 · Average
Median household income$74,500

NL: $71,500 · Canada: $84,000 · 2006: $51,279 · 2016: $71,382 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.7%

NL: -1.8% · Canada: 5.2% · 2016: -1.3% · Statistics Canada, 2021

Unemployment rate14.9%

NL: 15.2% · Canada: 10.3% · 2006: 18% · 2016: 22.7% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.