| Index | Musgravetown | Newfoundland and Labrador | National |
| Median household income | $65,533 | $73,940 | $82,436 |
| Unemployment rate | 15.0% | 10.8% | 6.4% |
| In labour force | 49.9% | 57.3% | 63.9% |
| Labour Type | Percent |
| Construction industry | 10.4% |
| Manufacturing sector | 4.2% |
| Financial & insurance services | 2.3% |
| Wholesale & retail services | 8.4% |
| Public administration | 1.0% |
| Transportation, warehousing & utilities | 1.3% |
| Education, health & social services | 7.3% |
| Other | 13.2% |
| City | Population | Household Income | National Avg. |
| Port Blandford, NL | 475 | $67,934 | 17.6% |
| Division No. 7, Subd. K, NL | 1,093 | $66,220 | 19.7% |
| Terra Nova, NL | 66 | $52,177 | 36.7% |
| Division No. 7, Subd. F, NL | 806 | $46,813 | 43.2% |
| Musgravetown, NL | 558 | $65,533 | 20.5% |
| City | Population | Household Income | National Avg. |
| Hartman, AR | 558 | n/a | |
| Elephant Head, AZ | 558 | n/a | |
| South Bethany, DE | 558 | n/a | |
| Ipava, IL | 558 | n/a | |
| Butterfield, MN | 558 | n/a | |
| Musgravetown, NL | 558 | $65,533 | 20.5% |