Gambo
Small town · Newfoundland and Labrador · Population 1,816
Housing and jobs
Housing costs, rents, incomes and jobs in Gambo, with comparisons and sources.
Affordability
Average monthly rent$670/month
NL: $903/month · Canada: $1,209/month · 2006: $648/month · 2016: $718/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$150,000
NL: $240,000 · Canada: $472,000 · 2016: $143,379 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing13.7%
NL: 14.6% · Canada: 20.9% · 2006: 16.7% · 2016: 10.1% · Statistics Canada, 2021
Economy
Median household income$58,800
NL: $71,500 · Canada: $84,000 · 2006: $49,892 · 2016: $60,254 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-8.2%
NL: -1.8% · Canada: 5.2% · 2016: -0.3% · Statistics Canada, 2021
Unemployment rate26%
NL: 15.2% · Canada: 10.3% · 2006: 30.1% · 2016: 22.3% · Statistics Canada, 2021