Parrsboro, NS Employment - Median Household Income, Unemployment Rate

F

39%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

23%

In labour force NAT. AVG.

Index	Parrsboro	Nova Scotia	National
Median household income	$49,892	$71,343	$82,436
Unemployment rate	5.0%	5.7%	6.4%
In labour force	48.9%	61.2%	63.9%

Key findings

The median household income in Parrsboro is 39% lower than the national average
The unemployment rate in Parrsboro is 22% lower than the national average
In Parrsboro 15.1% of people earn $20,000 or less
In Parrsboro 8.3% of people earn between $80,000 and $100,000
In Parrsboro 0.3% of people earn $300,000 or more

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am i middle class

$33,258 $49,892 $99,784

City

$47,557 $71,343 $142,686

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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Parrsboro median earnings by income bracket

Parrsboro employment by industry

Labour Type	Percent
Construction industry	5.6%
Manufacturing sector	4.4%
Financial & insurance services	1.0%
Wholesale & retail services	8.8%
Public administration	3.8%
Transportation, warehousing & utilities	3.2%
Education, health & social services	7.4%
Other	14.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Kings, Subd. B, NS	12,020	$60,368	26.8%
Cumberland, Subd. B, NS	7,048	$55,585	32.6%
Parrsboro, NS	1,114	$49,892	39.5%

Cities with similar population

City	Population	Household Income	National Avg.
New Market, AL	1,115	n/a
Kaanapali, HI	1,115	n/a
Punaluu, HI	1,113	n/a
La Fontaine, IN	1,113	n/a
Edwardsburg, MI	1,115	n/a
Parrsboro, NS	1,114	$49,892	39.5%

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