Magnetawan, ON Employment - Median Household Income, Unemployment Rate

C-

21%

Household income NAT. AVG.

52%

Unemployment NAT. AVG.

31%

In labour force NAT. AVG.

Index	Magnetawan	Ontario	National
Median household income	$64,943	$87,353	$82,436
Unemployment rate	3.1%	4.2%	6.4%
In labour force	44.2%	61.7%	63.9%

Key findings

The median household income in Magnetawan is 21% lower than the national average
The unemployment rate in Magnetawan is 52% lower than the national average
In Magnetawan 7.4% of people earn $20,000 or less
In Magnetawan 11.8% of people earn between $80,000 and $100,000
In Magnetawan 2.3% of people earn $300,000 or more

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am i middle class

$43,291 $64,943 $129,886

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.

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Magnetawan median earnings by income bracket

Magnetawan employment by industry

Labour Type	Percent
Construction industry	7.9%
Manufacturing sector	4.4%
Financial & insurance services	0.8%
Wholesale & retail services	4.8%
Public administration	2.3%
Transportation, warehousing & utilities	1.8%
Education, health & social services	5.5%
Other	15.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
McKellar, ON	1,137	$84,277	2.2%
Strong, ON	1,479	$69,347	15.9%
Ryerson, ON	681	$66,309	19.6%
McMurrich/Monteith, ON	887	$60,365	26.8%
Sundridge, ON	1,053	$60,266	26.9%
Magnetawan, ON	1,426	$64,943	21.2%

Cities with similar population

City	Population	Household Income	National Avg.
Grand Marais, MN	1,426	n/a
Green Springs, OH	1,426	n/a
Wotton, QC	1,426	$63,002	23.6%
Shellbrook, SK	1,426	$84,061	2.0%
North Granby, CT	1,425	n/a
Magnetawan, ON	1,426	$64,943	21.2%

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