Faro, YT Employment - Median Household Income, Unemployment Rate

D+

8%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

10%

In labour force NAT. AVG.

Index	Faro	Yukon	National
Median household income	$76,002	$100,046	$82,436
Unemployment rate	7.3%	4.5%	6.4%
In labour force	70.3%	78.1%	63.9%

Key findings

The median household income in Faro is 8% lower than the national average
The unemployment rate in Faro is 14% higher than the national average
In Faro 10.9% of people earn $20,000 or less
In Faro 14.1% of people earn between $80,000 and $100,000
In Faro 0.0% of people earn $300,000 or more

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am i middle class

$50,662 $76,002 $152,004

City

$66,690 $100,046 $200,092

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.

Faro median earnings by income bracket

Faro employment by industry

Labour Type	Percent
Construction industry	6.7%
Manufacturing sector	4.0%
Financial & insurance services	0.0%
Wholesale & retail services	0.7%
Public administration	16.3%
Transportation, warehousing & utilities	4.3%
Education, health & social services	8.3%
Other	29.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Faro, YT	380	$76,002	7.8%

Cities with similar population

City	Population	Household Income	National Avg.
Nances Creek, AL	380	n/a
Midway town, AR	380	n/a
Cane Beds, AZ	380	n/a
El Moro, CO	380	n/a
Good Hope, GA	380	n/a
Faro, YT	380	$76,002	7.8%

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