Demographics & Statistics

Understanding the demographics and statistics of Newfoundland and Labrador provides valuable insights for businesses looking to establish or expand in the Exploits region. Below, you’ll find key data points that reflect the current population trends, education levels, and economic conditions across the province.

Population

Total Population: 538, 605 (as of July 2023)
Average Age: 45.5 years
Gender Distribution: 49% male, 51% female
Average Family Size: 2.7 members

Income

  • Average Weekly Earnings:
    $1,249.87 (May 2024)

Education

  • High School Graduates: 53.5%
    Some Postsecondary Education: 57.6%
    Postsecondary Certificate or Diploma: 65.6%
    University Degree: 74.1%

These statistics provide a snapshot of Newfoundland and Labrador’s demographic landscape, highlighting the region’s educated workforce, stable income levels, and balanced family structures—essential factors for any business considering investment in the Exploits region.