Nicholsville

Neighbourhood in Deer Lake · Newfoundland and Labrador · Population 2,217

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Approximate boundaries

Deer Lake doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Deer Lake.

Housing and jobs

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

Affordability

79 · Good

Average monthly rent$833/month

Deer Lake: $800/month · Canada: $1,209/month · 2006: $624/month (estimated) · 2016: $850/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$272,069

Deer Lake: $220,000 · Canada: $472,000 · Estimated · 2016: $291,207 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.3%

Deer Lake: 18% · Canada: 20.9% · 2006: 13.7% (estimated) · 2016: 22.6% (estimated) · Statistics Canada, 2021

Economy

5 · Poor

Median household income$82,918

Deer Lake: $62,400 · Canada: $84,000 · Estimated · 2006: $61,644 (estimated) · 2016: $87,271 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-7.3%

Canada: 5.2% · City-wide figure for Deer Lake · Statistics Canada, 2021

Unemployment rate15.3%

Deer Lake: 17% · Canada: 10.3% · 2006: 19.3% (estimated) · 2016: 19.3% (estimated) · Statistics Canada, 2021