Lot 56, PE Employment - Median Household Income, Unemployment Rate

D+

4%

Household income NAT. AVG.

72%

Unemployment NAT. AVG.

14%

In labour force NAT. AVG.

Index	Lot 56	Prince Edward Island	National
Median household income	$79,390	$74,036	$82,436
Unemployment rate	11.0%	7.3%	6.4%
In labour force	72.6%	67.6%	63.9%

Key findings

The median household income in Lot 56 is 4% lower than the national average
The unemployment rate in Lot 56 is 72% higher than the national average
In Lot 56 4.0% of people earn $20,000 or less
In Lot 56 12.9% of people earn between $80,000 and $100,000
In Lot 56 0.0% of people earn $300,000 or more

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am i middle class

$52,921 $79,390 $158,780

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 56 median earnings by income bracket

Lot 56 employment by industry

Labour Type	Percent
Construction industry	7.2%
Manufacturing sector	11.4%
Financial & insurance services	0.0%
Wholesale & retail services	3.4%
Public administration	10.3%
Transportation, warehousing & utilities	7.2%
Education, health & social services	11.0%
Other	22.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lot 46, PE	370	$88,976	7.9%
Lot 54, PE	312	$83,357	1.1%
Lot 40, PE	462	$82,819	0.5%
Lot 45, PE	502	$81,140	1.6%
Lot 53, PE	534	$80,552	2.3%
Lot 56, PE	325	$79,390	3.7%

Cities with similar population

City	Population	Household Income	National Avg.
Colt, AR	325	n/a
Oak Shores, CA	325	n/a
Eldorado Springs, CO	325	n/a
Bronson, IA	325	n/a
Oldtown, ID	325	n/a
Lot 56, PE	325	$79,390	3.7%

Source: The Lot 56, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.