Lot 40, PE Employment - Median Household Income, Unemployment Rate

C-

0%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

1%

In labour force NAT. AVG.

Index	Lot 40	Prince Edward Island	National
Median household income	$82,819	$74,036	$82,436
Unemployment rate	8.4%	7.3%	6.4%
In labour force	63.4%	67.6%	63.9%

Key findings

The median household income in Lot 40 is equal to the national average
The unemployment rate in Lot 40 is 31% higher than the national average
In Lot 40 5.4% of people earn $20,000 or less
In Lot 40 11.9% of people earn between $80,000 and $100,000
In Lot 40 0.5% of people earn $300,000 or more

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am i middle class

$55,207 $82,819 $165,638

City

$49,352 $74,036 $148,072

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.

Lot 40 median earnings by income bracket

Lot 40 employment by industry

Labour Type	Percent
Construction industry	2.4%
Manufacturing sector	4.6%
Financial & insurance services	0.5%
Wholesale & retail services	9.2%
Public administration	6.5%
Transportation, warehousing & utilities	2.4%
Education, health & social services	12.2%
Other	25.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mount Stewart, PE	235	$86,276	4.7%
Scotchfort 4, PE	252	$86,164	4.5%
Lot 38, PE	584	$85,860	4.2%
Lot 49, PE	1,257	$84,426	2.4%
Lot 54, PE	312	$83,357	1.1%
Lot 40, PE	462	$82,819	0.5%

Cities with similar population

City	Population	Household Income	National Avg.
West Jefferson, AL	462	n/a
Grimes, CA	462	n/a
Coaldale, CO	462	n/a
Deer Trail, CO	462	n/a
Smithville, GA	462	n/a
Lot 40, PE	462	$82,819	0.5%

Source: The Lot 40, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.