Lot 55, PE Employment - Median Household Income, Unemployment Rate

D

10%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

9%

In labour force NAT. AVG.

Index	Lot 55	Prince Edward Island	National
Median household income	$74,138	$74,036	$82,436
Unemployment rate	8.5%	7.3%	6.4%
In labour force	69.6%	67.6%	63.9%

Key findings

The median household income in Lot 55 is 10% lower than the national average
The unemployment rate in Lot 55 is 33% higher than the national average
In Lot 55 5.6% of people earn $20,000 or less
In Lot 55 15.5% of people earn between $80,000 and $100,000
In Lot 55 1.2% of people earn $300,000 or more

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am i middle class

$49,420 $74,138 $148,276

City

$49,352 $74,036 $148,072

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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Lot 55 median earnings by income bracket

Lot 55 employment by industry

Labour Type	Percent
Construction industry	7.4%
Manufacturing sector	2.6%
Financial & insurance services	2.6%
Wholesale & retail services	4.3%
Public administration	4.0%
Transportation, warehousing & utilities	0.6%
Education, health & social services	9.7%
Other	34.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lot 46, PE	370	$88,976	7.9%
Lot 54, PE	312	$83,357	1.1%
Lot 40, PE	462	$82,819	0.5%
Lot 39, PE	727	$81,449	1.2%
Lot 45, PE	502	$81,140	1.6%
Lot 55, PE	445	$74,138	10.1%

Cities with similar population

City	Population	Household Income	National Avg.
Caldwell, AR	445	n/a
Fort Thomas, AZ	445	n/a
Sugar City, CO	445	n/a
Fenwick Island, DE	445	n/a
Norway, IA	445	n/a
Lot 55, PE	445	$74,138	10.1%

Source: The Lot 55, PE data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.