Cold Lake, AB Employment - Median Household Income, Unemployment Rate

A+

37%

Household income NAT. AVG.

25%

Unemployment NAT. AVG.

29%

In labour force NAT. AVG.

Index	Cold Lake	Alberta	National
Median household income	$112,789	$94,624	$82,436
Unemployment rate	4.8%	5.1%	6.4%
In labour force	82.7%	70.9%	63.9%

Key findings

The median household income in Cold Lake is 37% higher than the national average
The unemployment rate in Cold Lake is 25% lower than the national average
In Cold Lake 2.8% of people earn $20,000 or less
In Cold Lake 12.5% of people earn between $80,000 and $100,000
In Cold Lake 3.9% of people earn $300,000 or more

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am i middle class

$75,185 $112,789 $225,578

City

$63,076 $94,624 $189,248

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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Cold Lake median earnings by income bracket

Cold Lake employment by industry

Labour Type	Percent
Construction industry	6.3%
Manufacturing sector	2.0%
Financial & insurance services	1.4%
Wholesale & retail services	10.1%
Public administration	18.6%
Transportation, warehousing & utilities	2.6%
Education, health & social services	10.7%
Other	30.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cold Lake 149A, AB	40	$84,667	2.7%
Cold Lake 149B, AB	178	$51,909	37.0%
Cold Lake 149, AB	742	$50,642	38.6%
Cold Lake, AB	16,076	$112,789	36.8%

Cities with similar population

City	Population	Household Income	National Avg.
Albemarle, NC	16,073	n/a
Harrisburg, NC	16,073	n/a
Cullman, AL	16,072	n/a
Crawfordsville, IN	16,088	n/a
Zephyrhills, FL	16,062	n/a
Cold Lake, AB	16,076	$112,789	36.8%

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