Grand Bank

Small town · Newfoundland and Labrador · Population 2,152

Housing and jobs

Housing costs, rents, incomes and jobs in Grand Bank, with comparisons and sources.

80 · Excellent

Average monthly rent$645/month

NL: $903/month · Canada: $1,209/month · 2006: $753/month · 2016: $663/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$95,000

NL: $240,000 · Canada: $472,000 · 2016: $104,669 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing10.3%

NL: 14.6% · Canada: 20.9% · 2006: 12.4% · 2016: 12% · Statistics Canada, 2021

6 · Poor

Median household income$55,200

NL: $71,500 · Canada: $84,000 · 2006: $47,237 · 2016: $55,822 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-6.8%

NL: -1.8% · Canada: 5.2% · 2016: -4.3% · Statistics Canada, 2021

Unemployment rate17.7%

NL: 15.2% · Canada: 10.3% · 2006: 23.3% · 2016: 20.7% · Statistics Canada, 2021