Salmon Cove, NL Employment - Median Household Income, Unemployment Rate

D-

16%

Household income NAT. AVG.

91%

Unemployment NAT. AVG.

22%

In labour force NAT. AVG.

Index	Salmon Cove	Newfoundland and Labrador	National
Median household income	$69,354	$73,940	$82,436
Unemployment rate	12.3%	10.8%	6.4%
In labour force	49.7%	57.3%	63.9%

Key findings

The median household income in Salmon Cove is 16% lower than the national average
The unemployment rate in Salmon Cove is 91% higher than the national average
In Salmon Cove 8.0% of people earn $20,000 or less
In Salmon Cove 10.2% of people earn between $80,000 and $100,000
In Salmon Cove 2.6% of people earn $300,000 or more

Compare Salmon Cove, NL Employment

Best Places for Employment in and Around Salmon Cove

See all the best places to live around Salmon Cove

Write a review to give others more information about this area.

See all Salmon Cove poll results

am i middle class

$46,231 $69,354 $138,708

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.

Salmon Cove median earnings by income bracket

Salmon Cove employment by industry

Labour Type	Percent
Construction industry	10.5%
Manufacturing sector	4.9%
Financial & insurance services	0.0%
Wholesale & retail services	6.0%
Public administration	1.9%
Transportation, warehousing & utilities	1.7%
Education, health & social services	9.3%
Other	15.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bryant's Cove, NL	390	$105,538	28.0%
Whiteway, NL	406	$83,234	1.0%
Division No. 1, Subd. I, NL	322	$77,450	6.0%
Bay Roberts, NL	5,853	$73,787	10.5%
Division No. 1, Subd. H, NL	397	$71,137	13.7%
Salmon Cove, NL	710	$69,354	15.9%

Cities with similar population

City	Population	Household Income	National Avg.
Kirby, AR	710	n/a
Ty Ty, GA	710	n/a
Stewardson, IL	710	n/a
Bardwell, KY	710	n/a
Washington Grove, MD	710	n/a
Salmon Cove, NL	710	$69,354	15.9%

Source: The Salmon Cove, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.