F
38%
Household income NAT. AVG.
21%
Unemployment NAT. AVG.
31%
In labour force NAT. AVG.
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IndexNew WaterfordCape BretonNova Scotia
Median household income$51,416$60,933$71,343
Unemployment rate7.7%7.7%5.7%
In labour force44.3%51.1%61.2%

Key findings

  • The median household income in New Waterford is 38% lower than the national average
  • The unemployment rate in New Waterford is 21% higher than the national average
  • In New Waterford 13.1% of people earn $20,000 or less
  • In New Waterford 8.5% of people earn between $80,000 and $100,000
  • In New Waterford 0.3% of people earn $300,000 or more

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      am i middle class

      $
      Input your household income
      $40,617 $60,933 $121,866
      City
      $47,557 $71,343 $142,686
      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.

      New Waterford median earnings by income bracket

      New Waterford employment by industry

      Labour TypePercent
      Construction industry3.9%
      Manufacturing sector1.8%
      Financial & insurance services0.4%
      Wholesale & retail services6.5%
      Public administration2.5%
      Transportation, warehousing & utilities1.4%
      Education, health & social services11.4%
      Other14.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Membertou 28B, NS1,070$45,79244.5%
      Cape Breton, NS94,573$60,93326.1%

      Cities with similar population

      City Population Household Income National Avg.
      Sunrise, FL94,657n/a 
      North Vancouver, BC94,662$132,87361.2%
      Quincy, MA94,389n/a 
      Plantation, FL94,366n/a 
      Dearborn, MI94,328n/a 
      Cape Breton, NS94,573$60,93326.1%
      Source: The New Waterford, Cape Breton, NS data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.