Laredo, AB Employment - Median Household Income, Unemployment Rate

A+

39%

Household income NAT. AVG.

42%

Unemployment NAT. AVG.

39%

In labour force NAT. AVG.

Index	Laredo	Red Deer	Alberta
Median household income	$114,283	$90,179	$94,624
Unemployment rate	3.7%	3.8%	5.1%
In labour force	88.6%	70.0%	70.9%

Key findings

The median household income in Laredo is 39% higher than the national average
The unemployment rate in Laredo is 42% lower than the national average
In Laredo 0.0% of people earn $20,000 or less
In Laredo 9.5% of people earn between $80,000 and $100,000
In Laredo 5.9% of people earn $300,000 or more

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am i middle class

$60,113 $90,179 $180,358

City

$63,076 $94,624 $189,248

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.

Laredo median earnings by income bracket

Laredo employment by industry

Labour Type	Percent
Construction industry	8.5%
Manufacturing sector	4.5%
Financial & insurance services	5.3%
Wholesale & retail services	8.5%
Public administration	3.7%
Transportation, warehousing & utilities	2.9%
Education, health & social services	22.0%
Other	33.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Jarvis Bay, AB	209	$211,504	156.6%
Blackfalds, AB	11,272	$114,089	38.4%
Red Deer County, AB	21,767	$107,983	31.0%
Penhold, AB	3,849	$99,708	21.0%
Sylvan Lake, AB	16,694	$98,499	19.5%
Red Deer, AB	107,873	$90,179	9.4%

Cities with similar population

City	Population	Household Income	National Avg.
Waterbury, CT	107,841	n/a
Meridian, ID	107,787	n/a
Lewisville, TX	107,740	n/a
Hillsboro, OR	108,026	n/a
Sandy Springs, GA	108,180	n/a
Red Deer, AB	107,873	$90,179	9.4%

Source: The Laredo, Red Deer, AB data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Laredo, Red Deer, AB Employment