Deer Lake, NL Employment - Median Household Income, Unemployment Rate

F

21%

Household income NAT. AVG.

57%

Unemployment NAT. AVG.

14%

In labour force NAT. AVG.

Index	Deer Lake	Newfoundland and Labrador	National
Median household income	$64,803	$73,940	$82,436
Unemployment rate	10.1%	10.8%	6.4%
In labour force	54.8%	57.3%	63.9%

Key findings

The median household income in Deer Lake is 21% lower than the national average
The unemployment rate in Deer Lake is 57% higher than the national average
In Deer Lake 10.0% of people earn $20,000 or less
In Deer Lake 10.1% of people earn between $80,000 and $100,000
In Deer Lake 1.8% of people earn $300,000 or more

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am i middle class

$43,197 $64,803 $129,606

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.

Deer Lake median earnings by income bracket

Deer Lake employment by industry

Labour Type	Percent
Construction industry	6.5%
Manufacturing sector	2.3%
Financial & insurance services	1.2%
Wholesale & retail services	7.8%
Public administration	3.1%
Transportation, warehousing & utilities	4.8%
Education, health & social services	8.7%
Other	18.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Division No. 5, Subd. F, NL	857	$112,394	36.3%
Pasadena, NL	3,611	$88,366	7.2%
Reidville, NL	511	$75,357	8.6%
Cormack, NL	566	$63,005	23.6%
Division No. 5, Subd. E, NL	219	$45,936	44.3%
Deer Lake, NL	5,214	$64,803	21.4%

Cities with similar population

City	Population	Household Income	National Avg.
DeWitt, IA	5,215	n/a
McGregor, TX	5,212	n/a
Ranson, WV	5,217	n/a
Brewton, AL	5,210	n/a
Anthony, TX	5,210	n/a
Deer Lake, NL	5,214	$64,803	21.4%

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