Bow Island, AB Employment - Median Household Income, Unemployment Rate

C-

21%

Household income NAT. AVG.

48%

Unemployment NAT. AVG.

6%

In labour force NAT. AVG.

Index	Bow Island	Alberta	National
Median household income	$65,476	$94,624	$82,436
Unemployment rate	3.4%	5.1%	6.4%
In labour force	60.3%	70.9%	63.9%

Key findings

The median household income in Bow Island is 21% lower than the national average
The unemployment rate in Bow Island is 48% lower than the national average
In Bow Island 6.4% of people earn $20,000 or less
In Bow Island 13.6% of people earn between $80,000 and $100,000
In Bow Island 1.7% of people earn $300,000 or more

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am i middle class

$43,646 $65,476 $130,952

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.

Bow Island median earnings by income bracket

Bow Island employment by industry

Labour Type	Percent
Construction industry	12.4%
Manufacturing sector	3.2%
Financial & insurance services	1.8%
Wholesale & retail services	5.4%
Public administration	1.4%
Transportation, warehousing & utilities	2.2%
Education, health & social services	9.5%
Other	23.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bow Island, AB	1,945	$65,476	20.6%

Cities with similar population

City	Population	Household Income	National Avg.
Flomaton, AL	1,945	n/a
Malad City, ID	1,945	n/a
Murphys, CA	1,944	n/a
Junction City, KY	1,944	n/a
Cowpens, SC	1,944	n/a
Bow Island, AB	1,945	$65,476	20.6%

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