Banff, AB Employment - Median Household Income, Unemployment Rate

B+

1%

Household income NAT. AVG.

82%

Unemployment NAT. AVG.

28%

In labour force NAT. AVG.

Index	Banff	Alberta	National
Median household income	$83,569	$94,624	$82,436
Unemployment rate	1.2%	5.1%	6.4%
In labour force	81.6%	70.9%	63.9%

Key findings

The median household income in Banff is 1% higher than the national average
The unemployment rate in Banff is 82% lower than the national average
In Banff 3.8% of people earn $20,000 or less
In Banff 14.7% of people earn between $80,000 and $100,000
In Banff 2.4% of people earn $300,000 or more

Compare Banff, AB Employment

Best Places for Employment in and Around Banff

See all the best places to live around Banff

Write a review to give others more information about this area.

See all Banff poll results

am i middle class

$55,707 $83,569 $167,138

City

$63,076 $94,624 $189,248

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.

Banff median earnings by income bracket

Banff employment by industry

Labour Type	Percent
Construction industry	3.0%
Manufacturing sector	1.3%
Financial & insurance services	1.3%
Wholesale & retail services	12.0%
Public administration	3.5%
Transportation, warehousing & utilities	3.4%
Education, health & social services	7.9%
Other	48.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Canmore, AB	15,222	$107,749	30.7%
Banff, AB	8,380	$83,569	1.4%

Cities with similar population

City	Population	Household Income	National Avg.
Albion, MI	8,380	n/a
Fort Stockton, TX	8,378	n/a
Kenton, OH	8,382	n/a
Calumet Park, IL	8,383	n/a
Brooksville, FL	8,384	n/a
Banff, AB	8,380	$83,569	1.4%

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