New-Wes-Valley, NL Employment - Median Household Income, Unemployment Rate

F

21%

Household income NAT. AVG.

104%

Unemployment NAT. AVG.

18%

In labour force NAT. AVG.

Index	New-Wes-Valley	Newfoundland and Labrador	National
Median household income	$65,431	$73,940	$82,436
Unemployment rate	13.1%	10.8%	6.4%
In labour force	52.4%	57.3%	63.9%

Key findings

The median household income in New-Wes-Valley is 21% lower than the national average
The unemployment rate in New-Wes-Valley is 104% higher than the national average
In New-Wes-Valley 7.3% of people earn $20,000 or less
In New-Wes-Valley 11.6% of people earn between $80,000 and $100,000
In New-Wes-Valley 1.3% of people earn $300,000 or more

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am i middle class

$43,616 $65,431 $130,862

City

$49,288 $73,940 $147,880

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-Wes-Valley median earnings by income bracket

New-Wes-Valley employment by industry

Labour Type	Percent
Construction industry	6.7%
Manufacturing sector	15.8%
Financial & insurance services	0.1%
Wholesale & retail services	4.2%
Public administration	2.7%
Transportation, warehousing & utilities	2.9%
Education, health & social services	9.0%
Other	9.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lumsden, NL	472	$73,113	11.3%
Greenspond, NL	245	$69,567	15.6%
Division No. 7, Subd. A, NL	139	$55,732	32.4%
Indian Bay, NL	171	$53,260	35.4%
Centreville-Wareham-Trinity, NL	1,083	$49,073	40.5%
New-Wes-Valley, NL	2,070	$65,431	20.6%

Cities with similar population

City	Population	Household Income	National Avg.
Pine Grove, CA	2,070	n/a
Oakley, KS	2,070	n/a
Atkins, IA	2,069	n/a
Watrous, SK	2,069	$67,498	18.1%
Fox Creek, AB	2,069	$130,059	57.8%
New-Wes-Valley, NL	2,070	$65,431	20.6%

Source: The New-Wes-Valley, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.