New-Wes-Valley
Small town · Newfoundland and Labrador · Population 2,044
Housing and jobs
Housing costs, rents, incomes and jobs in New-Wes-Valley, with comparisons and sources.
Affordability
Average monthly rent$680/month
NL: $903/month · Canada: $1,209/month · 2006: $710/month · 2016: $696/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$110,000
NL: $240,000 · Canada: $472,000 · 2016: $110,330 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing7.8%
NL: 14.6% · Canada: 20.9% · 2006: 13.4% · 2016: 9.8% · Statistics Canada, 2021
Economy
Median household income$69,000
NL: $71,500 · Canada: $84,000 · 2006: $62,798 · 2016: $70,310 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)-5.9%
NL: -1.8% · Canada: 5.2% · 2016: -4.1% · Statistics Canada, 2021
Unemployment rate13.6%
NL: 15.2% · Canada: 10.3% · 2006: 22.9% · 2016: 22.6% · Statistics Canada, 2021