Coverdale, NB Employment - Median Household Income, Unemployment Rate

C+

6%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

3%

In labour force NAT. AVG.

Index	Coverdale	New Brunswick	National
Median household income	$87,285	$70,223	$82,436
Unemployment rate	5.0%	5.4%	6.4%
In labour force	62.2%	60.7%	63.9%

Key findings

The median household income in Coverdale is 6% higher than the national average
The unemployment rate in Coverdale is 22% lower than the national average
In Coverdale 4.5% of people earn $20,000 or less
In Coverdale 14.6% of people earn between $80,000 and $100,000
In Coverdale 0.9% of people earn $300,000 or more

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am i middle class

$58,184 $87,285 $174,570

City

$46,810 $70,223 $140,446

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.

Coverdale median earnings by income bracket

Coverdale employment by industry

Labour Type	Percent
Construction industry	4.6%
Manufacturing sector	3.5%
Financial & insurance services	3.5%
Wholesale & retail services	11.7%
Public administration	2.3%
Transportation, warehousing & utilities	4.9%
Education, health & social services	10.2%
Other	21.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Dieppe, NB	27,260	$90,282	9.5%
Moncton, NB	11,235	$86,999	5.5%
Memramcook, NB	5,432	$83,496	1.3%
Riverview, NB	19,441	$83,133	0.8%
Salisbury, NB	3,589	$68,846	16.5%
Coverdale, NB	5,038	$87,285	5.9%

Cities with similar population

City	Population	Household Income	National Avg.
Rainsville, AL	5,038	n/a
Hudson, TX	5,038	n/a
Archer Lodge, NC	5,037	n/a
Olyphant, PA	5,037	n/a
Gretna, NE	5,039	n/a
Coverdale, NB	5,038	$87,285	5.9%

Source: The Coverdale, NB data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.