Salmon Cove

Neighbourhood in South River · Newfoundland and Labrador · Population 674

Places with fewer than 1,000 residents show facts only, without scores.

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Approximate boundaries

South River 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 South River.

Housing and jobs

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

Affordability

Average monthly rent$1,080/month

South River: $1,080/month · Canada: $1,209/month · 2006: $609/month (estimated) · 2016: $930/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$250,000

South River: $250,000 · Canada: $472,000 · Estimated · 2016: $220,581 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing8.8%

South River: 8.8% · Canada: 20.9% · 2006: 10% (estimated) · 2016: 9.8% (estimated) · Statistics Canada, 2021

Economy

Median household income$73,000

South River: $73,000 · Canada: $84,000 · Estimated · 2006: $58,645 (estimated) · 2016: $74,798 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.2%

Canada: 5.2% · City-wide figure for South River · Statistics Canada, 2021

Unemployment rate14.3%

South River: 14.3% · Canada: 10.3% · 2006: 10.3% (estimated) · 2016: 11.1% (estimated) · Statistics Canada, 2021