Lot 62, PE Employment - Median Household Income, Unemployment Rate

F

24%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

1%

In labour force NAT. AVG.

Index	Lot 62	Prince Edward Island	National
Median household income	$62,440	$74,036	$82,436
Unemployment rate	9.8%	7.3%	6.4%
In labour force	63.1%	67.6%	63.9%

Key findings

The median household income in Lot 62 is 24% lower than the national average
The unemployment rate in Lot 62 is 53% higher than the national average
In Lot 62 10.5% of people earn $20,000 or less
In Lot 62 12.8% of people earn between $80,000 and $100,000
In Lot 62 0.5% of people earn $300,000 or more

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am i middle class

$41,622 $62,440 $124,880

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 62 median earnings by income bracket

Lot 62 employment by industry

Labour Type	Percent
Construction industry	10.0%
Manufacturing sector	0.0%
Financial & insurance services	3.2%
Wholesale & retail services	11.5%
Public administration	4.3%
Transportation, warehousing & utilities	2.8%
Education, health & social services	12.4%
Other	19.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lot 50, PE	1,073	$80,000	3.0%
Lot 64, PE	1,097	$77,732	5.7%
Lot 57, PE	1,059	$75,058	8.9%
Lot 60, PE	335	$69,480	15.7%
Lot 61, PE	790	$69,248	16.0%
Lot 62, PE	641	$62,440	24.3%

Cities with similar population

City	Population	Household Income	National Avg.
Valley Acres, CA	641	n/a
Deer Creek, IL	641	n/a
Waverly, KS	641	n/a
Tangipahoa, LA	641	n/a
Eagle Bend, MN	641	n/a
Lot 62, PE	641	$62,440	24.3%

Source: The Lot 62, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.