F
38%
Household income NAT. AVG.
40%
Unemployment NAT. AVG.
29%
In labour force NAT. AVG.
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IndexGrand BankNewfoundland and LabradorNational
Median household income$51,205$73,940$82,436
Unemployment rate9.0%10.8%6.4%
In labour force45.2%57.3%63.9%

Key findings

  • The median household income in Grand Bank is 38% lower than the national average
  • The unemployment rate in Grand Bank is 40% higher than the national average
  • In Grand Bank 9.0% of people earn $20,000 or less
  • In Grand Bank 10.3% of people earn between $80,000 and $100,000
  • In Grand Bank 0.4% of people earn $300,000 or more

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      am i middle class

      $
      Input your household income
      $34,133 $51,205 $102,410
      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.

      Grand Bank median earnings by income bracket

      Grand Bank employment by industry

      Labour TypePercent
      Construction industry2.4%
      Manufacturing sector9.6%
      Financial & insurance services0.6%
      Wholesale & retail services5.7%
      Public administration2.4%
      Transportation, warehousing & utilities2.1%
      Education, health & social services10.3%
      Other11.2%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Division No. 2, Subd. G, NL10$125,00051.6%
      Lamaline, NL258$72,83811.6%
      Lawn, NL563$67,71017.9%
      Division No. 2, Subd. H, NL184$62,87823.7%
      Lord's Cove, NL147$53,23635.4%
      Grand Bank, NL2,107$51,20537.9%

      Cities with similar population

      City Population Household Income National Avg.
      Burns Harbor, IN2,107n/a 
      Frankton, IN2,107n/a 
      Logan, WV2,107n/a 
      Fermont, QC2,107$181,560120.2%
      Richmond, IL2,106n/a 
      Grand Bank, NL2,107$51,20537.9%
      Source: The Grand Bank, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.