Waterloo, ON Employment - Median Household Income, Unemployment Rate

A

15%

Household income NAT. AVG.

45%

Unemployment NAT. AVG.

4%

In labour force NAT. AVG.

Index	Waterloo	Ontario	National
Median household income	$95,074	$87,353	$82,436
Unemployment rate	3.5%	4.2%	6.4%
In labour force	66.4%	61.7%	63.9%

Key findings

The median household income in Waterloo is 15% higher than the national average
The unemployment rate in Waterloo is 45% lower than the national average
In Waterloo 7.8% of people earn $20,000 or less
In Waterloo 10.5% of people earn between $80,000 and $100,000
In Waterloo 5.6% of people earn $300,000 or more

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am i middle class

$63,376 $95,074 $190,148

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.

Waterloo median earnings by income bracket

Waterloo employment by industry

Labour Type	Percent
Construction industry	2.9%
Manufacturing sector	6.9%
Financial & insurance services	5.6%
Wholesale & retail services	8.7%
Public administration	2.3%
Transportation, warehousing & utilities	1.8%
Education, health & social services	15.1%
Other	21.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Guelph/Eramosa, ON	13,999	$129,939	57.6%
North Dumfries, ON	11,684	$127,191	54.3%
Woolwich, ON	28,438	$114,928	39.4%
Wellesley, ON	12,358	$114,303	38.7%
Wilmot, ON	22,827	$110,384	33.9%
Waterloo, ON	118,234	$95,074	15.3%

Cities with similar population

City	Population	Household Income	National Avg.
Evansville, IN	118,414	n/a
Sugar Land, TX	118,563	n/a
Richardson, TX	118,583	n/a
Cambridge, MA	117,822	n/a
Lansing, MI	117,488	n/a
Waterloo, ON	118,234	$95,074	15.3%

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