Richmond Park, BC Employment - Median Household Income, Unemployment Rate

D

37%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

2%

In labour force NAT. AVG.

Index	Richmond Park	Burnaby	British Columbia
Median household income	$52,118	$79,480	$86,325
Unemployment rate	4.4%	3.7%	3.9%
In labour force	62.5%	64.9%	64.2%

Key findings

The median household income in Richmond Park is 37% lower than the national average
The unemployment rate in Richmond Park is 31% lower than the national average
In Richmond Park 19.2% of people earn $20,000 or less
In Richmond Park 8.8% of people earn between $80,000 and $100,000
In Richmond Park 0.9% of people earn $300,000 or more

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am i middle class

$52,981 $79,480 $158,960

City

$57,544 $86,325 $172,650

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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Richmond Park median earnings by income bracket

Richmond Park employment by industry

Labour Type	Percent
Construction industry	4.5%
Manufacturing sector	4.2%
Financial & insurance services	2.7%
Wholesale & retail services	10.2%
Public administration	2.0%
Transportation, warehousing & utilities	3.2%
Education, health & social services	8.7%
Other	25.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Belcarra, BC	695	$221,709	168.9%
Anmore, BC	2,569	$186,538	126.3%
North Vancouver, BC	94,662	$132,873	61.2%
West Vancouver, BC	46,220	$129,268	56.8%
Burrard Inlet 3, BC	2,132	$121,158	47.0%
Burnaby, BC	258,827	$79,480	3.6%

Cities with similar population

City	Population	Household Income	National Avg.
Kitchener, ON	259,162	$80,625	2.2%
Madison, WI	258,366	n/a
Laredo, TX	260,571	n/a
Chandler, AZ	257,076	n/a
Lubbock, TX	257,013	n/a
Burnaby, BC	258,827	$79,480	3.6%

Source: The Richmond Park, Burnaby, BC data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Richmond Park, Burnaby, BC Employment