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Housing and jobs

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

Affordability

64 · Good
Average monthly rent$780/month

NB: $870/month · Canada: $1,209/month · 2006: $504/month · 2016: $682/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$150,000

NB: $180,000 · Canada: $472,000 · 2016: $110,425 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.5%

NB: 12.9% · Canada: 20.9% · 2006: 13.1% · 2016: 8.8% · Statistics Canada, 2021

Economy

54 · Average
Median household income$74,500

NB: $70,000 · Canada: $84,000 · 2006: $55,683 · 2016: $61,731 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-2.9%

NB: 3.8% · Canada: 5.2% · 2016: -5.4% · Statistics Canada, 2021

Unemployment rate3.9%

NB: 10.3% · Canada: 10.3% · 2006: 5.8% · 2016: 18.7% · Statistics Canada, 2021

Sources

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