King's Point, NL Employment - Median Household Income, Unemployment Rate

D

11%

Household income NAT. AVG.

154%

Unemployment NAT. AVG.

28%

In labour force NAT. AVG.

Index	King's Point	Newfoundland and Labrador	National
Median household income	$73,433	$73,940	$82,436
Unemployment rate	16.3%	10.8%	6.4%
In labour force	46.3%	57.3%	63.9%

Key findings

The median household income in King's Point is 11% lower than the national average
The unemployment rate in King's Point is 154% higher than the national average
In King's Point 8.5% of people earn $20,000 or less
In King's Point 10.8% of people earn between $80,000 and $100,000
In King's Point 1.5% of people earn $300,000 or more

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am i middle class

$48,950 $73,433 $146,866

City

$49,288 $73,940 $147,880

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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King's Point median earnings by income bracket

King's Point employment by industry

Labour Type	Percent
Construction industry	9.6%
Manufacturing sector	1.8%
Financial & insurance services	1.2%
Wholesale & retail services	4.6%
Public administration	0.0%
Transportation, warehousing & utilities	1.1%
Education, health & social services	10.1%
Other	17.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Middle Arm, NL	442	$60,000	27.2%
Springdale, NL	2,877	$56,904	31.0%
Beachside, NL	122	$52,566	36.2%
Little Bay, NL	97	$51,746	37.2%
Division No. 8, Subd. C, NL	410	$51,007	38.1%
King's Point, NL	661	$73,433	10.9%

Cities with similar population

City	Population	Household Income	National Avg.
Paxton, FL	661	n/a
Troy, IN	661	n/a
The Lakes, MN	661	n/a
Clinton, MT	661	n/a
Virginia City, NV	661	n/a
King's Point, NL	661	$73,433	10.9%

Source: The King's Point, NL data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.