Bay L'Argent, NL Employment - Median Household Income, Unemployment Rate

F

40%

Household income NAT. AVG.

64%

Unemployment NAT. AVG.

25%

In labour force NAT. AVG.

Index	Bay L'Argent	Newfoundland and Labrador	National
Median household income	$49,474	$73,940	$82,436
Unemployment rate	10.5%	10.8%	6.4%
In labour force	48.0%	57.3%	63.9%

Key findings

The median household income in Bay L'Argent is 40% lower than the national average
The unemployment rate in Bay L'Argent is 64% higher than the national average
In Bay L'Argent 10.1% of people earn $20,000 or less
In Bay L'Argent 7.1% of people earn between $80,000 and $100,000
In Bay L'Argent 0.0% of people earn $300,000 or more

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am i middle class

$32,979 $49,474 $98,948

City

$49,288 $73,940 $147,880

State

$54,951 $82,436 $164,872

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Bay L'Argent median earnings by income bracket

Bay L'Argent employment by industry

Labour Type	Percent
Construction industry	12.8%
Manufacturing sector	0.5%
Financial & insurance services	0.0%
Wholesale & retail services	4.6%
Public administration	0.0%
Transportation, warehousing & utilities	5.0%
Education, health & social services	9.1%
Other	16.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
St. Bernard's-Jacques Fontaine, NL	417	$79,023	4.1%
Terrenceville, NL	431	$70,239	14.8%
Division No. 2, Subd. I, NL	132	$60,000	27.2%
English Harbour East, NL	133	$60,000	27.2%
Division No. 2, Subd. C, NL	548	$58,933	28.5%
Bay L'Argent, NL	209	$49,474	40.0%

Cities with similar population

City	Population	Household Income	National Avg.
Allakaket, AK	209	n/a
Kaltag, AK	209	n/a
Adin, CA	209	n/a
Valley Home, CA	209	n/a
Oakville, IA	209	n/a
Bay L'Argent, NL	209	$49,474	40.0%

Source: The Bay L'Argent, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.