Cavan Monaghan, ON Employment - Median Household Income, Unemployment Rate

A+

26%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

6%

In labour force NAT. AVG.

Index	Cavan Monaghan	Ontario	National
Median household income	$103,539	$87,353	$82,436
Unemployment rate	3.0%	4.2%	6.4%
In labour force	60.1%	61.7%	63.9%

Key findings

The median household income in Cavan Monaghan is 26% higher than the national average
The unemployment rate in Cavan Monaghan is 53% lower than the national average
In Cavan Monaghan 3.1% of people earn $20,000 or less
In Cavan Monaghan 12.9% of people earn between $80,000 and $100,000
In Cavan Monaghan 3.0% of people earn $300,000 or more

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am i middle class

$69,019 $103,539 $207,078

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.

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Cavan Monaghan median earnings by income bracket

Cavan Monaghan employment by industry

Labour Type	Percent
Construction industry	6.3%
Manufacturing sector	5.3%
Financial & insurance services	1.4%
Wholesale & retail services	9.1%
Public administration	3.8%
Transportation, warehousing & utilities	4.6%
Education, health & social services	12.5%
Other	16.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Clarington, ON	104,855	$108,994	32.2%
Otonabee-South Monaghan, ON	7,229	$96,275	16.8%
Port Hope, ON	17,769	$84,669	2.7%
Peterborough, ON	89,500	$67,121	18.6%
Hiawatha First Nation, ON	376	$54,423	34.0%
Cavan Monaghan, ON	10,407	$103,539	25.6%

Cities with similar population

City	Population	Household Income	National Avg.
Fort Madison, IA	10,407	n/a
Quartz Hill, CA	10,405	n/a
Cape Canaveral, FL	10,411	n/a
Monmouth, OR	10,411	n/a
Portage, WI	10,412	n/a
Cavan Monaghan, ON	10,407	$103,539	25.6%

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