Mccormick, AB Employment - Median Household Income, Unemployment Rate

A+

18%

Household income NAT. AVG.

36%

Unemployment NAT. AVG.

9%

In labour force NAT. AVG.

Index	Mccormick	Wood Buffalo	Alberta
Median household income	$97,512	$193,893	$94,624
Unemployment rate	4.1%	6.7%	5.1%
In labour force	69.4%	78.4%	70.9%

Key findings

The median household income in Mccormick is 18% higher than the national average
The unemployment rate in Mccormick is 36% lower than the national average
In Mccormick 14.0% of people earn $20,000 or less
In Mccormick 10.0% of people earn between $80,000 and $100,000
In Mccormick 20.0% of people earn $300,000 or more

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am i middle class

$129,249 $193,893 $387,786

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.

Mccormick median earnings by income bracket

Mccormick employment by industry

Labour Type	Percent
Construction industry	8.2%
Manufacturing sector	1.0%
Financial & insurance services	4.1%
Wholesale & retail services	2.0%
Public administration	7.1%
Transportation, warehousing & utilities	4.1%
Education, health & social services	11.2%
Other	29.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wood Buffalo, AB	74,298	$193,893	135.2%

Cities with similar population

City	Population	Household Income	National Avg.
Jacksonville, NC	74,313	n/a
Bolingbrook, IL	74,319	n/a
Pasco, WA	74,266	n/a
Rochester Hills, MI	74,340	n/a
Sault Ste. Marie, ON	74,249	$71,102	13.7%
Wood Buffalo, AB	74,298	$193,893	135.2%

Source: The Mccormick, Wood Buffalo, AB data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Mccormick, Wood Buffalo, AB Employment