Grand Falls
Small town · New Brunswick · Population 1,077
Housing and jobs
Housing costs, rents, incomes and jobs in Grand Falls, with comparisons and sources.
Affordability
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
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