Elizabeth Park

Neighbourhood in Paradise · Newfoundland and Labrador · Population 3,519

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Approximate boundaries

Paradise doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Paradise.

Housing and jobs

Housing costs, rents, incomes and jobs in Elizabeth Park, with comparisons and sources.

Affordability

72 · Good

Average monthly rent$978/month

Paradise: $1,090/month · Canada: $1,209/month · 2006: $871/month (estimated) · 2016: $1,047/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$945/month

City-wide figure for Paradise · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,064/month

City-wide figure for Paradise · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,348/month

City-wide figure for Paradise · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,327/month

City-wide figure for Paradise · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.1.6%

City-wide figure for Paradise · CMHC, 2025

Median dwelling value (owner-estimated)$338,925

Paradise: $348,000 · Canada: $472,000 · Estimated · 2016: $377,194 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.8%

Paradise: 16.4% · Canada: 20.9% · 2006: 16.1% (estimated) · 2016: 12.7% (estimated) · Statistics Canada, 2021

Economy

68 · Good

Median household income$106,909

Paradise: $111,000 · Canada: $84,000 · Estimated · 2006: $91,343 (estimated) · 2016: $110,624 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.3%

Canada: 5.2% · City-wide figure for Paradise · Statistics Canada, 2021

Unemployment rate7.7%

Paradise: 8.5% · Canada: 10.3% · 2006: 5.8% (estimated) · 2016: 7.6% (estimated) · Statistics Canada, 2021