Fogo Island
Small town · Newfoundland and Labrador · Population 2,117
Housing and jobs
Housing costs, rents, incomes and jobs in Fogo Island, with comparisons and sources.
Affordability
Average monthly rent$820/month
NL: $903/month · Canada: $1,209/month · 2006: $356/month (estimated) · 2016: $851/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$139,000
NL: $240,000 · Canada: $472,000 · 2016: $110,159 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing5.2%
NL: 14.6% · Canada: 20.9% · 2006: 14.1% (estimated) · 2016: 8.7% · Statistics Canada, 2021
Economy
Median household income$62,400
NL: $71,500 · Canada: $84,000 · 2006: $41,479 (estimated) · 2016: $64,063 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-5.7%
NL: -1.8% · Canada: 5.2% · 2016: -6.3% · Statistics Canada, 2021
Unemployment rate25.4%
NL: 15.2% · Canada: 10.3% · 2006: 21.7% (estimated) · 2016: 26.9% · Statistics Canada, 2021