Elk Point, AB Employment - Median Household Income, Unemployment Rate

B+

24%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

23%

In labour force NAT. AVG.

Index	Elk Point	Alberta	National
Median household income	$102,091	$94,624	$82,436
Unemployment rate	5.5%	5.1%	6.4%
In labour force	78.6%	70.9%	63.9%

Key findings

The median household income in Elk Point is 24% higher than the national average
The unemployment rate in Elk Point is 14% lower than the national average
In Elk Point 3.3% of people earn $20,000 or less
In Elk Point 10.9% of people earn between $80,000 and $100,000
In Elk Point 3.1% of people earn $300,000 or more

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am i middle class

$68,053 $102,091 $204,182

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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Elk Point median earnings by income bracket

Elk Point employment by industry

Labour Type	Percent
Construction industry	3.3%
Manufacturing sector	2.4%
Financial & insurance services	1.9%
Wholesale & retail services	9.3%
Public administration	1.0%
Transportation, warehousing & utilities	6.2%
Education, health & social services	18.0%
Other	34.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
St. Paul County No. 19, AB	6,300	$93,854	13.9%
Kehewin 123, AB	987	$42,592	48.3%
Elk Point, AB	1,509	$102,091	23.8%

Cities with similar population

City	Population	Household Income	National Avg.
Taft Heights, CA	1,509	n/a
Del Norte, CO	1,509	n/a
East Hazel Crest, IL	1,509	n/a
Cascade Locks, OR	1,509	n/a
Perth-Andover, NB	1,509	$47,285	42.6%
Elk Point, AB	1,509	$102,091	23.8%

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