Household income NAT. AVG.
Unemployment NAT. AVG.
In labour force NAT. AVG.
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Median household income$83,569$94,624$82,436
Unemployment rate1.2%5.1%6.4%
In labour force81.6%70.9%63.9%

Key findings

  • The median household income in Banff is 1% higher than the national average
  • The unemployment rate in Banff is 82% lower than the national average
  • In Banff 3.8% of people earn $20,000 or less
  • In Banff 14.7% of people earn between $80,000 and $100,000
  • In Banff 2.4% of people earn $300,000 or more

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      am i middle class

      Input your household income
      $55,707 $83,569 $167,138
      $63,076 $94,624 $189,248
      $54,951 $82,436 $164,872
      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.

      Banff median earnings by income bracket

      Banff employment by industry

      Labour TypePercent
      Construction industry3.0%
      Manufacturing sector1.3%
      Financial & insurance services1.3%
      Wholesale & retail services12.0%
      Public administration3.5%
      Transportation, warehousing & utilities3.4%
      Education, health & social services7.9%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Canmore, AB15,222$107,74930.7%
      Banff, AB8,380$83,5691.4%

      Cities with similar population

      City Population Household Income National Avg.
      Albion, MI8,380n/a 
      Fort Stockton, TX8,378n/a 
      Kenton, OH8,382n/a 
      Calumet Park, IL8,383n/a 
      Brooksville, FL8,384n/a 
      Banff, AB8,380$83,5691.4%
      Source: The Banff, AB data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.