Silverwood, NB Employment - Median Household Income, Unemployment Rate

A+

36%

Household income NAT. AVG.

74%

Unemployment NAT. AVG.

11%

In labour force NAT. AVG.

Index	Silverwood	Fredericton	New Brunswick
Median household income	$112,201	$70,764	$70,223
Unemployment rate	1.7%	4.3%	5.4%
In labour force	71.1%	64.5%	60.7%

Key findings

The median household income in Silverwood is 36% higher than the national average
The unemployment rate in Silverwood is 74% lower than the national average
In Silverwood 2.1% of people earn $20,000 or less
In Silverwood 14.4% of people earn between $80,000 and $100,000
In Silverwood 3.7% of people earn $300,000 or more

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am i middle class

$47,171 $70,764 $141,528

City

$46,810 $70,223 $140,446

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.

Silverwood median earnings by income bracket

Silverwood employment by industry

Labour Type	Percent
Construction industry	3.4%
Manufacturing sector	3.0%
Financial & insurance services	1.7%
Wholesale & retail services	9.2%
Public administration	13.5%
Transportation, warehousing & utilities	3.7%
Education, health & social services	14.2%
Other	20.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hanwell, NB	5,222	$113,878	38.1%
Kingsclear, NB	2,982	$105,831	28.4%
New Maryland, NB	3,050	$105,014	27.4%
Oromocto, NB	9,784	$94,898	15.1%
Saint Marys, NB	5,353	$88,225	7.0%
Fredericton, NB	63,818	$70,764	14.2%

Cities with similar population

City	Population	Household Income	National Avg.
Port Orange, FL	63,815	n/a
Dundalk, MD	63,826	n/a
Lorain, OH	63,832	n/a
Haverhill, MA	63,783	n/a
Dublin, CA	63,856	n/a
Fredericton, NB	63,818	$70,764	14.2%

Source: The Silverwood, Fredericton, NB data and statistics displayed above are derived from Statistics Canada.

Silverwood, Fredericton, NB Employment