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Household income 18%
Unemployment 45%
In labour force 4%
IndexWaterlooOntarioNational
Median household income$89,568$80,925$76,211
Unemployment rate3.5%4.2%6.4%
In labour force66.4%61.7%63.9%

Key findings

  • The median household income in Waterloo is 18% higher than the national average
  • The unemployment rate in Waterloo is 45% lower than the national average
  • In Waterloo 7.8% of people earn $20,000 or less
  • In Waterloo 10.5% of people earn between $80,000 and $100,000
  • In Waterloo 5.6% of people earn $300,000 or more

Best Places for Employment in and Around Waterloo

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Compare Waterloo, ON Employment

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      am i middle class

      $Input your household income
      $59,706$89,568$179,136
      $53,944$80,925$161,851
      $50,802$76,211$152,423
      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.

      Waterloo median earnings by income bracket

      Waterloo employment by industry

      Labour TypePercent
      Construction industry2.9%
      Manufacturing sector6.9%
      Financial & insurance services5.6%
      Wholesale & retail services8.7%
      Public administration2.3%
      Transportation, warehousing & utilities1.8%
      Education, health & social services15.1%
      Other21.7%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      North Dumfries, ON11,172$119,38857%
      Guelph/Eramosa, ON13,384$117,86355%
      Woolwich, ON27,083$108,93843%
      Wellesley, ON11,915$107,38541%
      Wilmot, ON22,017$103,87736%
      Waterloo, ON112,385$89,56818%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      St. John's, NL114,427$74,4972%
      Thunder Bay, ON109,739$73,0974%
      Delta, BC108,065$104,55437%
      Terrebonne, QC116,810$84,87011%
      Saanich, BC117,340$87,18614%
      Waterloo, ON112,385$89,56818%
      Source: The Waterloo, ON data and statistics displayed above are derived from Statistics Canada and updated for 2019 by Environics Analytics.