Somerset Ridge, ON Employment - Median Household Income, Unemployment Rate

A+

67%

Household income NAT. AVG.

35%

Unemployment NAT. AVG.

12%

In labour force NAT. AVG.

Index	Somerset Ridge	London	Ontario
Median household income	$137,548	$69,600	$87,353
Unemployment rate	4.2%	4.5%	4.2%
In labour force	56.6%	58.9%	61.7%

Key findings

The median household income in Somerset Ridge is 67% higher than the national average
The unemployment rate in Somerset Ridge is 35% lower than the national average
In Somerset Ridge 1.5% of people earn $20,000 or less
In Somerset Ridge 11.6% of people earn between $80,000 and $100,000
In Somerset Ridge 9.1% of people earn $300,000 or more

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am i middle class

$46,395 $69,600 $139,200

City

$58,229 $87,353 $174,706

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.

Somerset Ridge median earnings by income bracket

Somerset Ridge employment by industry

Labour Type	Percent
Construction industry	2.1%
Manufacturing sector	3.2%
Financial & insurance services	5.5%
Wholesale & retail services	6.6%
Public administration	3.9%
Transportation, warehousing & utilities	1.4%
Education, health & social services	15.1%
Other	17.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Middlesex Centre, ON	19,332	$127,145	54.2%
Thames Centre, ON	14,265	$107,657	30.6%
Strathroy-Caradoc, ON	23,574	$80,000	3.0%
Chippewas of the Thames First Nation 42, ON	866	$76,944	6.7%
Oneida 41, ON	1,394	$74,212	10.0%
London, ON	421,456	$69,600	15.6%

Cities with similar population

City	Population	Household Income	National Avg.
Oakland, CA	422,575	n/a
Minneapolis, MN	424,536	n/a
Tulsa, OK	402,441	n/a
Laval, QC	445,050	$84,211	2.2%
Arlington, TX	397,269	n/a
London, ON	421,456	$69,600	15.6%

Source: The Somerset Ridge, London, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Somerset Ridge, London, ON Employment