Hay Lakes, AB Employment - Median Household Income, Unemployment Rate

B+

27%

Household income NAT. AVG.

54%

Unemployment NAT. AVG.

8%

In labour force NAT. AVG.

Index	Hay Lakes	Alberta	National
Median household income	$104,690	$94,624	$82,436
Unemployment rate	9.9%	5.1%	6.4%
In labour force	69.2%	70.9%	63.9%

Key findings

The median household income in Hay Lakes is 27% higher than the national average
The unemployment rate in Hay Lakes is 54% higher than the national average
In Hay Lakes 3.5% of people earn $20,000 or less
In Hay Lakes 14.3% of people earn between $80,000 and $100,000
In Hay Lakes 1.3% of people earn $300,000 or more

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am i middle class

$69,786 $104,690 $209,380

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.

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Hay Lakes median earnings by income bracket

Hay Lakes employment by industry

Labour Type	Percent
Construction industry	17.6%
Manufacturing sector	4.3%
Financial & insurance services	0.2%
Wholesale & retail services	6.5%
Public administration	5.1%
Transportation, warehousing & utilities	4.3%
Education, health & social services	4.8%
Other	24.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Beaumont, AB	21,267	$138,779	68.3%
Camrose, AB	19,951	$76,251	7.5%
Bittern Lake, AB	223	$55,152	33.1%
Hay Lakes, AB	536	$104,690	27.0%

Cities with similar population

City	Population	Household Income	National Avg.
Holly Grove, AR	536	n/a
Cumming, IA	536	n/a
Bismarck, IL	536	n/a
Chapin, IL	536	n/a
Fithian, IL	536	n/a
Hay Lakes, AB	536	$104,690	27.0%

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