Colonial Acres, ON Employment - Median Household Income, Unemployment Rate

A

19%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

2%

In labour force NAT. AVG.

Index	Colonial Acres	Waterloo	Ontario
Median household income	$97,719	$95,074	$87,353
Unemployment rate	4.3%	3.5%	4.2%
In labour force	65.1%	66.4%	61.7%

Key findings

The median household income in Colonial Acres is 19% higher than the national average
The unemployment rate in Colonial Acres is 33% lower than the national average
In Colonial Acres 6.2% of people earn $20,000 or less
In Colonial Acres 10.2% of people earn between $80,000 and $100,000
In Colonial Acres 6.6% of people earn $300,000 or more

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am i middle class

$63,376 $95,074 $190,148

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.

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Colonial Acres median earnings by income bracket

Colonial Acres employment by industry

Labour Type	Percent
Construction industry	2.7%
Manufacturing sector	8.8%
Financial & insurance services	7.0%
Wholesale & retail services	9.5%
Public administration	2.0%
Transportation, warehousing & utilities	1.7%
Education, health & social services	11.7%
Other	19.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Guelph/Eramosa, ON	13,999	$129,939	57.6%
North Dumfries, ON	11,684	$127,191	54.3%
Woolwich, ON	28,438	$114,928	39.4%
Wellesley, ON	12,358	$114,303	38.7%
Wilmot, ON	22,827	$110,384	33.9%
Waterloo, ON	118,234	$95,074	15.3%

Cities with similar population

City	Population	Household Income	National Avg.
Evansville, IN	118,414	n/a
Sugar Land, TX	118,563	n/a
Richardson, TX	118,583	n/a
Cambridge, MA	117,822	n/a
Lansing, MI	117,488	n/a
Waterloo, ON	118,234	$95,074	15.3%

Source: The Colonial Acres, Waterloo, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Colonial Acres, Waterloo, ON Employment