Colwood, BC Employment - Median Household Income, Unemployment Rate

A+

31%

Household income NAT. AVG.

61%

Unemployment NAT. AVG.

3%

In labour force NAT. AVG.

Index	Colwood	British Columbia	National
Median household income	$108,189	$86,325	$82,436
Unemployment rate	2.5%	3.9%	6.4%
In labour force	65.8%	64.2%	63.9%

Key findings

The median household income in Colwood is 31% higher than the national average
The unemployment rate in Colwood is 61% lower than the national average
In Colwood 2.4% of people earn $20,000 or less
In Colwood 13.8% of people earn between $80,000 and $100,000
In Colwood 4.0% of people earn $300,000 or more

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am i middle class

$72,118 $108,189 $216,378

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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Colwood median earnings by income bracket

Colwood employment by industry

Labour Type	Percent
Construction industry	5.8%
Manufacturing sector	2.1%
Financial & insurance services	2.1%
Wholesale & retail services	10.7%
Public administration	11.9%
Transportation, warehousing & utilities	2.3%
Education, health & social services	11.6%
Other	18.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Highlands, BC	2,398	$125,122	51.8%
Oak Bay, BC	18,885	$120,046	45.6%
Central Saanich, BC	18,572	$108,379	31.5%
Metchosin, BC	4,998	$103,781	25.9%
View Royal, BC	12,511	$101,389	23.0%
Colwood, BC	19,837	$108,189	31.2%

Cities with similar population

City	Population	Household Income	National Avg.
Hunters Creek, FL	19,833	n/a
Norwood, OH	19,843	n/a
Belle Glade, FL	19,829	n/a
Alamo, TX	19,851	n/a
Painesville, OH	19,817	n/a
Colwood, BC	19,837	$108,189	31.2%

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