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AreaScore

Housing and jobs

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

Affordability

75 · Good
Average monthly rent$670/month

NL: $903/month · Canada: $1,209/month · 2006: $637/month (estimated) · 2016: $729/month (in 2021 dollars) · Statistics Canada, 2021

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

NL: $240,000 · Canada: $472,000 · 2016: $165,283 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing10.7%

NL: 14.6% · Canada: 20.9% · 2006: 20.5% (estimated) · 2016: 15.4% · Statistics Canada, 2021

Economy

8 · Poor
Median household income$59,600

NL: $71,500 · Canada: $84,000 · 2006: $49,093 (estimated) · 2016: $65,310 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-5.9%

NL: -1.8% · Canada: 5.2% · 2016: -4% · Statistics Canada, 2021

Unemployment rate16.4%

NL: 15.2% · Canada: 10.3% · 2006: 25% (estimated) · 2016: 18.3% · Statistics Canada, 2021

Sources

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