New Bandon, NB Employment - Median Household Income, Unemployment Rate

F

27%

Household income NAT. AVG.

24%

Unemployment NAT. AVG.

22%

In labour force NAT. AVG.

Index	New Bandon	New Brunswick	National
Median household income	$60,535	$70,223	$82,436
Unemployment rate	7.9%	5.4%	6.4%
In labour force	49.5%	60.7%	63.9%

Key findings

The median household income in New Bandon is 27% lower than the national average
The unemployment rate in New Bandon is 24% higher than the national average
In New Bandon 8.9% of people earn $20,000 or less
In New Bandon 9.9% of people earn between $80,000 and $100,000
In New Bandon 1.9% of people earn $300,000 or more

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am i middle class

$40,352 $60,535 $121,070

City

$46,810 $70,223 $140,446

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.

New Bandon median earnings by income bracket

New Bandon employment by industry

Labour Type	Percent
Construction industry	3.9%
Manufacturing sector	8.9%
Financial & insurance services	1.2%
Wholesale & retail services	4.5%
Public administration	1.2%
Transportation, warehousing & utilities	1.5%
Education, health & social services	7.7%
Other	19.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Caraquet, NB	1,330	$63,432	23.1%
Saint-Isidore, NB	1,353	$55,120	33.1%
Grande-Anse, NB	962	$51,836	37.1%
Bertrand, NB	1,174	$50,920	38.2%
Paquetville, NB	2,261	$49,173	40.4%
New Bandon, NB	1,224	$60,535	26.6%

Cities with similar population

City	Population	Household Income	National Avg.
Pioneer, CA	1,224	n/a
Talahi Island, GA	1,224	n/a
Conrad, IA	1,224	n/a
West Chatham, MA	1,224	n/a
Arenas Valley, NM	1,224	n/a
New Bandon, NB	1,224	$60,535	26.6%

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