Parry Sound, ON Employment - Median Household Income, Unemployment Rate

D

26%

Household income NAT. AVG.

49%

Unemployment NAT. AVG.

14%

In labour force NAT. AVG.

Index	Parry Sound	Ontario	National
Median household income	$61,041	$87,353	$82,436
Unemployment rate	3.3%	4.2%	6.4%
In labour force	55.1%	61.7%	63.9%

Key findings

The median household income in Parry Sound is 26% lower than the national average
The unemployment rate in Parry Sound is 49% lower than the national average
In Parry Sound 10.9% of people earn $20,000 or less
In Parry Sound 10.7% of people earn between $80,000 and $100,000
In Parry Sound 0.7% of people earn $300,000 or more

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am i middle class

$40,689 $61,041 $122,082

City

$58,229 $87,353 $174,706

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.

Parry Sound median earnings by income bracket

Parry Sound employment by industry

Labour Type	Percent
Construction industry	6.5%
Manufacturing sector	3.2%
Financial & insurance services	1.2%
Wholesale & retail services	10.1%
Public administration	2.9%
Transportation, warehousing & utilities	1.4%
Education, health & social services	13.5%
Other	15.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
McDougall, ON	2,845	$94,853	15.1%
Carling, ON	1,133	$89,245	8.3%
Seguin, ON	4,637	$87,015	5.6%
McKellar, ON	1,137	$84,277	2.2%
Parry Island First Nation, ON	298	$49,418	40.1%
Parry Sound, ON	6,908	$61,041	26.0%

Cities with similar population

City	Population	Household Income	National Avg.
La Junta, CO	6,907	n/a
Treasure Island, FL	6,910	n/a
Herkimer, NY	6,912	n/a
Pointe-Calumet, QC	6,912	$72,045	12.6%
Sturgis, SD	6,914	n/a
Parry Sound, ON	6,908	$61,041	26.0%

Source: The Parry Sound, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.