D
32%
Household income NAT. AVG.
4%
Unemployment NAT. AVG.
4%
In labour force NAT. AVG.
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IndexThe CovesLondonOntario
Median household income$56,400$69,600$87,353
Unemployment rate6.2%4.5%4.2%
In labour force61.3%58.9%61.7%

Key findings

  • The median household income in The Coves is 32% lower than the national average
  • The unemployment rate in The Coves is 4% lower than the national average
  • In The Coves 15.2% of people earn $20,000 or less
  • In The Coves 9.3% of people earn between $80,000 and $100,000
  • In The Coves 0.5% of people earn $300,000 or more

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      am i middle class

      $
      Input your household income
      $46,395 $69,600 $139,200
      City
      $58,229 $87,353 $174,706
      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.

      The Coves median earnings by income bracket

      The Coves employment by industry

      Labour TypePercent
      Construction industry5.1%
      Manufacturing sector3.3%
      Financial & insurance services3.0%
      Wholesale & retail services8.4%
      Public administration0.8%
      Transportation, warehousing & utilities3.6%
      Education, health & social services12.6%
      Other23.3%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Middlesex Centre, ON19,332$127,14554.2%
      Thames Centre, ON14,265$107,65730.6%
      Strathroy-Caradoc, ON23,574$80,0003.0%
      Chippewas of the Thames First Nation 42, ON866$76,9446.7%
      Oneida 41, ON1,394$74,21210.0%
      London, ON421,456$69,60015.6%

      Cities with similar population

      City Population Household Income National Avg.
      Oakland, CA422,575n/a 
      Minneapolis, MN424,536n/a 
      Tulsa, OK402,441n/a 
      Laval, QC445,050$84,2112.2%
      Arlington, TX397,269n/a 
      London, ON421,456$69,60015.6%
      Source: The The Coves, London, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.