Point Edward, NS Employment - Median Household Income, Unemployment Rate

C-

1%

Household income NAT. AVG.

7%

Unemployment NAT. AVG.

15%

In labour force NAT. AVG.

Index	Point Edward	Cape Breton	Nova Scotia
Median household income	$81,886	$60,933	$71,343
Unemployment rate	6.9%	7.7%	5.7%
In labour force	54.4%	51.1%	61.2%

Key findings

The median household income in Point Edward is 1% lower than the national average
The unemployment rate in Point Edward is 7% higher than the national average
In Point Edward 5.7% of people earn $20,000 or less
In Point Edward 12.9% of people earn between $80,000 and $100,000
In Point Edward 1.6% of people earn $300,000 or more

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am i middle class

$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.

Point Edward median earnings by income bracket

Point Edward employment by industry

Labour Type	Percent
Construction industry	6.3%
Manufacturing sector	5.8%
Financial & insurance services	0.8%
Wholesale & retail services	11.8%
Public administration	2.2%
Transportation, warehousing & utilities	4.1%
Education, health & social services	14.6%
Other	7.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Membertou 28B, NS	1,070	$45,792	44.5%
Cape Breton, NS	94,573	$60,933	26.1%

Cities with similar population

City	Population	Household Income	National Avg.
Sunrise, FL	94,657	n/a
North Vancouver, BC	94,662	$132,873	61.2%
Quincy, MA	94,389	n/a
Plantation, FL	94,366	n/a
Dearborn, MI	94,328	n/a
Cape Breton, NS	94,573	$60,933	26.1%

Source: The Point Edward, Cape Breton, NS data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.

Point Edward, Cape Breton, NS Employment