Bishop's Cove, NL Employment - Median Household Income, Unemployment Rate

F

39%

Household income NAT. AVG.

155%

Unemployment NAT. AVG.

24%

In labour force NAT. AVG.

Index	Bishop's Cove	Newfoundland and Labrador	National
Median household income	$50,514	$73,940	$82,436
Unemployment rate	16.4%	10.8%	6.4%
In labour force	48.4%	57.3%	63.9%

Key findings

The median household income in Bishop's Cove is 39% lower than the national average
The unemployment rate in Bishop's Cove is 155% higher than the national average
In Bishop's Cove 12.8% of people earn $20,000 or less
In Bishop's Cove 9.8% of people earn between $80,000 and $100,000
In Bishop's Cove 0.8% of people earn $300,000 or more

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am i middle class

$33,672 $50,514 $101,028

City

$49,288 $73,940 $147,880

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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Bishop's Cove median earnings by income bracket

Bishop's Cove employment by industry

Labour Type	Percent
Construction industry	11.3%
Manufacturing sector	4.0%
Financial & insurance services	0.0%
Wholesale & retail services	5.5%
Public administration	3.3%
Transportation, warehousing & utilities	0.0%
Education, health & social services	6.6%
Other	17.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bryant's Cove, NL	390	$105,538	28.0%
Conception Bay South, NL	26,497	$99,956	21.3%
Colliers, NL	612	$95,459	15.8%
South River, NL	639	$93,322	13.2%
Conception Harbour, NL	677	$86,362	4.8%
Bishop's Cove, NL	289	$50,514	38.7%

Cities with similar population

City	Population	Household Income	National Avg.
Sipsey, AL	289	n/a
Albion, CA	289	n/a
Cherokee Strip, CA	289	n/a
Hood, CA	289	n/a
Vermilion, IL	289	n/a
Bishop's Cove, NL	289	$50,514	38.7%

Source: The Bishop's Cove, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.