Lake Cowichan, BC Employment - Median Household Income, Unemployment Rate

D-

24%

Household income NAT. AVG.

26%

Unemployment NAT. AVG.

17%

In labour force NAT. AVG.

Index	Lake Cowichan	British Columbia	National
Median household income	$62,414	$86,325	$82,436
Unemployment rate	4.8%	3.9%	6.4%
In labour force	53.3%	64.2%	63.9%

Key findings

The median household income in Lake Cowichan is 24% lower than the national average
The unemployment rate in Lake Cowichan is 26% lower than the national average
In Lake Cowichan 9.5% of people earn $20,000 or less
In Lake Cowichan 11.5% of people earn between $80,000 and $100,000
In Lake Cowichan 0.3% of people earn $300,000 or more

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am i middle class

$41,605 $62,414 $124,828

City

$57,544 $86,325 $172,650

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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Lake Cowichan median earnings by income bracket

Lake Cowichan employment by industry

Labour Type	Percent
Construction industry	6.2%
Manufacturing sector	4.1%
Financial & insurance services	0.6%
Wholesale & retail services	9.0%
Public administration	3.8%
Transportation, warehousing & utilities	1.2%
Education, health & social services	7.1%
Other	19.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cowichan Valley G, BC	2,541	$89,151	8.1%
Cowichan Valley H, BC	2,669	$88,904	7.8%
Cowichan Valley E, BC	4,562	$83,164	0.9%
Ladysmith, BC	9,354	$80,272	2.6%
Cowichan Valley F, BC	1,730	$72,606	11.9%
Lake Cowichan, BC	3,686	$62,414	24.3%

Cities with similar population

City	Population	Household Income	National Avg.
Millvale, PA	3,686	n/a
Hebron, IN	3,685	n/a
Taylor Lake Village, TX	3,685	n/a
Northlake, SC	3,684	n/a
San Manuel, AZ	3,688	n/a
Lake Cowichan, BC	3,686	$62,414	24.3%

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