Balmoral, NB Employment - Median Household Income, Unemployment Rate

D-

20%

Household income NAT. AVG.

13%

Unemployment NAT. AVG.

12%

In labour force NAT. AVG.

Index	Balmoral	New Brunswick	National
Median household income	$66,285	$70,223	$82,436
Unemployment rate	7.2%	5.4%	6.4%
In labour force	56.1%	60.7%	63.9%

Key findings

The median household income in Balmoral is 20% lower than the national average
The unemployment rate in Balmoral is 13% higher than the national average
In Balmoral 5.8% of people earn $20,000 or less
In Balmoral 12.7% of people earn between $80,000 and $100,000
In Balmoral 1.3% of people earn $300,000 or more

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am i middle class

$44,185 $66,285 $132,570

City

$46,810 $70,223 $140,446

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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Balmoral median earnings by income bracket

Balmoral employment by industry

Labour Type	Percent
Construction industry	6.1%
Manufacturing sector	8.2%
Financial & insurance services	2.2%
Wholesale & retail services	6.1%
Public administration	2.0%
Transportation, warehousing & utilities	4.1%
Education, health & social services	17.5%
Other	9.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Tide Head, NB	911	$91,110	10.5%
Dalhousie, NB	976	$74,203	10.0%
Charlo, NB	1,306	$72,275	12.3%
Atholville, NB	3,652	$63,512	23.0%
Nouvelle, QC	1,664	$63,454	23.0%
Balmoral, NB	264	$66,285	19.6%

Cities with similar population

City	Population	Household Income	National Avg.
Industry, CA	264	n/a
Crystal Lake, IA	264	n/a
Bliss, ID	264	n/a
Sweetwater, ID	264	n/a
Fenton, LA	264	n/a
Balmoral, NB	264	$66,285	19.6%

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