Woodstock, ON Employment - Median Household Income, Unemployment Rate

B-

4%

Household income NAT. AVG.

59%

Unemployment NAT. AVG.

3%

In labour force NAT. AVG.

Index	Woodstock	Ontario	National
Median household income	$79,319	$87,353	$82,436
Unemployment rate	2.7%	4.2%	6.4%
In labour force	62.0%	61.7%	63.9%

Key findings

The median household income in Woodstock is 4% lower than the national average
The unemployment rate in Woodstock is 59% lower than the national average
In Woodstock 6.5% of people earn $20,000 or less
In Woodstock 12.6% of people earn between $80,000 and $100,000
In Woodstock 1.8% of people earn $300,000 or more

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am i middle class

$52,874 $79,319 $158,638

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.

Woodstock median earnings by income bracket

Woodstock employment by industry

Labour Type	Percent
Construction industry	3.6%
Manufacturing sector	15.2%
Financial & insurance services	1.7%
Wholesale & retail services	9.3%
Public administration	2.2%
Transportation, warehousing & utilities	4.0%
Education, health & social services	9.7%
Other	15.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Blandford-Blenheim, ON	7,869	$103,148	25.1%
Zorra, ON	8,659	$101,966	23.7%
South-West Oxford, ON	8,137	$98,266	19.2%
East Zorra-Tavistock, ON	7,870	$92,118	11.7%
Norwich, ON	12,006	$88,647	7.5%
Woodstock, ON	47,584	$79,319	3.8%

Cities with similar population

City	Population	Household Income	National Avg.
Chesterfield, MO	47,603	n/a
East Providence, RI	47,442	n/a
Ocoee, FL	47,433	n/a
Cornwall, ON	47,736	$55,005	33.3%
Roswell, NM	47,751	n/a
Woodstock, ON	47,584	$79,319	3.8%

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