Anchor Point, NL Employment - Median Household Income, Unemployment Rate

A-

37%

Household income NAT. AVG.

320%

Unemployment NAT. AVG.

15%

In labour force NAT. AVG.

Index	Anchor Point	Newfoundland and Labrador	National
Median household income	$113,267	$73,940	$82,436
Unemployment rate	27.0%	10.8%	6.4%
In labour force	54.3%	57.3%	63.9%

Key findings

The median household income in Anchor Point is 37% higher than the national average
The unemployment rate in Anchor Point is 320% higher than the national average
In Anchor Point 5.9% of people earn $20,000 or less
In Anchor Point 7.6% of people earn between $80,000 and $100,000
In Anchor Point 7.6% of people earn $300,000 or more

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am i middle class

$75,503 $113,267 $226,534

City

$49,288 $73,940 $147,880

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.

Anchor Point median earnings by income bracket

Anchor Point employment by industry

Labour Type	Percent
Construction industry	5.9%
Manufacturing sector	19.9%
Financial & insurance services	0.0%
Wholesale & retail services	2.7%
Public administration	1.2%
Transportation, warehousing & utilities	0.8%
Education, health & social services	6.6%
Other	16.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Division No. 9, Subd. C, NL	2,436	$63,391	23.1%
Bird Cove, NL	175	$60,000	27.2%
Flower's Cove, NL	260	$59,358	28.0%
Anchor Point, NL	320	$113,267	37.4%

Cities with similar population

City	Population	Household Income	National Avg.
Sand City, CA	320	n/a
Limestone, FL	320	n/a
Epworth, GA	320	n/a
Silver City, IA	320	n/a
Ewing, IL	320	n/a
Anchor Point, NL	320	$113,267	37.4%

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